ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 0.025770000 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.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.026180000 |
| 2nd High | 0.025810000 |
| Next High | 0.025770000 |
| Current Price | 0.025170000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.025770000 – 0.025340000 – 0.024090000 – 0.024930000 – 0.024590000 – 0.023270000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –