ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.023370000 is expected.
Caution: A possible change in the direction of support at 0.023050000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023950000 |
| 2nd High | 0.023700000 |
| Next High | 0.023370000 |
| Current Price | 0.023190000 |
| Next Low | 0.023050000 |
| 2nd Low | 0.022770000 |
| 3rd Low | 0.022500000 |
0.023370000 – 0.023700000 – 0.023950000 – 0.023050000 – 0.023500000 – 0.022770000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up