The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.032680000 is likely expected.
Caution: A possible change in the direction of the support level at 0.031760000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ chart pattern is existing. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032680000 |
| Current Price | 0.032280000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.031460000 |
| 3rd Low | 0.031200000 |
0.032680000 – 0.033020000 – 0.032460000 – 0.031760000 – 0.031850000 – 0.031960000 — 53.077179435083 – 58.913542306699
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –