ETH/BTC – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.01944 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.019650000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021720000 |
| 2nd High | 0.020290000 |
| Next High | 0.019650000 |
| Current Price | 0.019070000 |
| Next Low | 0.018590000 |
| 2nd Low | |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji