ETH/BTC – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.024325 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.024480000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 0.026180000 |
| 2nd High | 0.025490000 |
| Next High | 0.024480000 |
| Current Price | 0.023480000 |
| Next Low | 0.022470000 |
| 2nd Low | 0.018540000 |
| 3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji