ETH/BTC – 4H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.025740000 will persist.
Caution: A possible change in the direction of the support line at 0.023470000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 0.024110000 |
| 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