ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.032500000 is likely expected.
Caution: A possible change in the direction of the support level at 0.030690000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.032500000 |
| Current Price | 0.031460000 |
| Next Low | 0.030690000 |
| 2nd Low | 0.029760000 |
| 3rd Low | 0.024690000 |
0.032500000 – 0.032210000 – 0.030810000 – 0.030690000 – 0.029760000 – 0.024690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern