ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.036110000 will persist.
Caution: A possible trend reversal in the direction of support at 0.035570000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. 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 | |
| Next High | 0.036110000 |
| Current Price | 0.035830000 |
| Next Low | 0.035570000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036110000 – 0.034950000 – 0.033920000 – 0.035570000 – 0.034340000 – 0.033330000 — 37.341378696843 – 37.969215564849
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –