The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.030490000 is considered certain.
Caution: A possible change in the direction of the support level at could occur.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.030810000 |
| Next High | 0.030490000 |
| Current Price | 0.030170000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.030490000 – 0.030810000 – 0.029370000 – 0.029940000 – 0.029760000 – 0.028440000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji –