The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline up.
A bullish movement upwards to the next resistance at 0.032690000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.031200000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032690000 |
| Current Price | 0.031380000 |
| Next Low | 0.031200000 |
| 2nd Low | 0.031000000 |
| 3rd Low | 0.029950000 |
0.032690000 – 0.032410000 – 0.032390000 – 0.031410000 – 0.031760000 – 0.031850000 — 34.031557888078 – 36.741043893667
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – –