ETH/BTC – 1H – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.032050000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.031430000 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.032690000 |
| 2nd High | 0.032410000 |
| Next High | 0.032050000 |
| Current Price | 0.032250000 |
| Next Low | 0.031430000 |
| 2nd Low | 0.031290000 |
| 3rd Low | 0.029970000 |
0.032050000 – 0.032410000 – 0.030770000 – 0.031430000 – 0.031290000 – 0.029970000 — 66.183691353164 – 67.161467678578
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –