ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.026840000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.026460000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The 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 | |
| 2nd High | |
| Next High | 0.026840000 |
| Current Price | 0.028380000 |
| Next Low | 0.026460000 |
| 2nd Low | 0.024940000 |
| 3rd Low | 0.024690000 |
0.026840000 – 0.026740000 – 0.025570000 – 0.026460000 – 0.024940000 – 0.024690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down