ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.025310000 is likely expected.
Caution: A possible change in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025770000 |
| Next High | 0.025310000 |
| Current Price | 0.025160000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.025310000 – 0.025250000 – 0.025770000 – 0.024820000 – 0.024930000 – 0.024590000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –