ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 0.019920000 will persist.
Caution: A possible change in the direction of the support level at 0.018700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.019030000 |
| Next Low | 0.018700000 |
| 2nd Low | 0.018590000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji