ETH/BTC – 30M – BUYAnd also a ‘Triple bottom chart pattern’ chart pattern is found. The chart picture shows ‘Triple bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.
The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.025300000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.024940000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle pattern is found. The chart forms ‘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 | 0.025500000 |
| 2nd High | 0.025310000 |
| Next High | 0.025300000 |
| Current Price | 0.025350000 |
| Next Low | 0.024940000 |
| 2nd Low | 0.024690000 |
| 3rd Low | 0.024590000 |
0.025300000 – 0.025280000 – 0.025310000 – 0.024940000 – 0.024690000 – 0.024810000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern