ETH/BTC – 4H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.025740000 is considered certain.
Caution: A possible change in the direction of the support zone at 0.023470000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.026180000 |
| 2nd High | 0.025810000 |
| Next High | 0.025740000 |
| Current Price | 0.024270000 |
| Next Low | 0.023470000 |
| 2nd Low | 0.023090000 |
| 3rd Low | 0.022470000 |
0.025740000 – 0.025410000 – 0.025810000 – 0.023470000 – 0.023580000 – 0.023640000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji