The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 0.019920000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.018800000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.021720000 |
2nd High | 0.020290000 |
Next High | 0.019920000 |
Current Price | 0.019200000 |
Next Low | 0.018800000 |
2nd Low | 0.018760000 |
3rd Low | 0.018590000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji