The combination Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.036110000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.034340000 could occur.
Consider stop-loss settings accordingly.
Then a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.036110000 |
| Current Price | 0.035890000 |
| Next Low | 0.034340000 |
| 2nd Low | 0.033330000 |
| 3rd Low | 0.031430000 |
0.036110000 – 0.034950000 – 0.033920000 – 0.034340000 – 0.033330000 – 0.031430000 — 64.222860139959 – 64.729552608196
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –