The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.019510000 is certain.
Caution: A possible counter-trend in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.020290000 |
2nd High | 0.019920000 |
Next High | 0.019510000 |
Current Price | 0.019140000 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji