The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 0.019920000 is expected.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘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 likelyhood 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 | 0.019070000 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji