ETH/BTC – 30M – BUYBesides a ‘Falling Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.024310000 is expected.
Caution: A possible counter-trend in the direction of the support zone at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.024360000 |
| 2nd High | 0.024330000 |
| Next High | 0.024310000 |
| Current Price | 0.024130000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.024310000 – 0.024330000 – 0.024070000 – 0.023700000 – 0.023840000 – 0.023980000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji