The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance line at 0.032390000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.031850000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032680000 |
| Next High | 0.032390000 |
| Current Price | 0.032310000 |
| Next Low | 0.031850000 |
| 2nd Low | 0.031760000 |
| 3rd Low | 0.031460000 |
0.032390000 – 0.032680000 – 0.033020000 – 0.031850000 – 0.031760000 – 0.031850000 — 57.224639562745 – 58.12182709721
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –