The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.030810000 is expected.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.030810000 |
| Current Price | 0.030110000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.030810000 – 0.029370000 – 0.028720000 – 0.029760000 – 0.028440000 – 0.028130000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –