ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.023300000 is certain.
Caution: A possible reversal of the trend in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.023490000 |
| 2nd High | 0.023370000 |
| Next High | 0.023300000 |
| Current Price | 0.023280000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.023300000 – 0.023370000 – 0.023490000 – 0.023050000 – 0.023050000 – 0.023270000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –