Next a ‘Triple bottom chart pattern’ chart formation is existing. The chart picture shows ‘Triple bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
A descent downwards to the next support at 0.035570000 is likely expected.
Caution: A possible change in the direction of the resistance line at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.036600000 |
| Next Low | 0.035570000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036110000 – 0.034950000 – 0.033920000 – 0.035570000 – 0.034340000 – 0.033330000 — 80.197796850088 – 65.248578331713
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –