ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.019430000 is considered certain.
Caution: A possible change in the direction of the support level at 0.018700000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.020290000 |
| 2nd High | 0.019920000 |
| Next High | 0.019430000 |
| Current Price | 0.019050000 |
| Next Low | 0.018700000 |
| 2nd Low | 0.018590000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji