ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.023370000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.023050000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern 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 | 0.023700000 |
| 2nd High | 0.023490000 |
| Next High | 0.023370000 |
| Current Price | 0.023170000 |
| Next Low | 0.023050000 |
| 2nd Low | 0.022770000 |
| 3rd Low | 0.022500000 |
0.023370000 – 0.023490000 – 0.023700000 – 0.023050000 – 0.023270000 – 0.023500000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up