The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.036140000 will continue.
Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.037100000 |
| Next High | 0.036140000 |
| Current Price | 0.034970000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.036140000 – 0.035890000 – 0.037100000 – 0.035160000 – 0.035570000 – 0.034340000 — 33.276417570725 – 40.525378954538
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern – –