ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support at 0.029760000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ chart pattern is existing. The chart shows ‘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 | |
| Current Price | 0.031680000 |
| Next Low | 0.029760000 |
| 2nd Low | 0.024690000 |
| 3rd Low | 0.024590000 |
0.030810000 – 0.029370000 – 0.028720000 – 0.029760000 – 0.024690000 – 0.024820000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern