The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 0.036270000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.035400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. 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 | 0.037100000 |
| Next High | 0.036270000 |
| Current Price | 0.036050000 |
| Next Low | 0.035400000 |
| 2nd Low | 0.034670000 |
| 3rd Low | 0.034340000 |
0.036270000 – 0.036140000 – 0.035890000 – 0.035400000 – 0.034670000 – 0.035160000 — 62.880838836913 – 62.880838836913
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –