ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.022770000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.022360000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. 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 | 0.023430000 |
| 2nd High | 0.022830000 |
| Next High | 0.022770000 |
| Current Price | 0.022630000 |
| Next Low | 0.022360000 |
| 2nd Low | 0.022250000 |
| 3rd Low | 0.022050000 |
0.022770000 – 0.022830000 – 0.022770000 – 0.022360000 – 0.022250000 – 0.022050000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –