The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.032250000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.031460000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 70’ indicator signal is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.032500000 |
| Next High | 0.032250000 |
| Current Price | 0.032400000 |
| Next Low | 0.031460000 |
| 2nd Low | 0.031200000 |
| 3rd Low | 0.031000000 |
0.032250000 – 0.032080000 – 0.032130000 – 0.031460000 – 0.031200000 – 0.031000000 — 68.252264271203 – 70.650372386934
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern –