ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.029370000 is certain.
Caution: A possible trend reversal in the direction of support at 0.028440000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.029370000 |
| Current Price | 0.028800000 |
| Next Low | 0.028440000 |
| 2nd Low | 0.028130000 |
| 3rd Low | 0.026460000 |
0.029370000 – 0.028720000 – 0.026840000 – 0.028440000 – 0.028130000 – 0.026460000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –