ETH/BTC – 30M – BUYBesides a ‘Double top retreat up’ chart formation is detected. The formation shows ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline upwards
A bullish movement up to the next resistance at 0.025500000 is certain.
Caution: A possible trend reversal in the direction of support at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency 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 | 0.025770000 |
| 2nd High | 0.025620000 |
| Next High | 0.025500000 |
| Current Price | 0.025190000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.025500000 – 0.025620000 – 0.025770000 – 0.025170000 – 0.025220000 – 0.024590000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up