ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 0.023050000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.023370000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.023110000 |
| 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 –