ETH/BTC – 4H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.033020000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.031760000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.033020000 |
| Current Price | 0.032630000 |
| Next Low | 0.031760000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.024690000 |
0.033020000 – 0.032220000 – 0.032500000 – 0.031760000 – 0.029950000 – 0.024690000 — 59.597209810092 – 60.097134580001
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –