The combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.036270000 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.034670000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.03644864 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.036270000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 0.035970000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036270000 – 0.036140000 – 0.035890000 – 0.034670000 – 0.035160000 – 0.035570000 — 60.890377840035 – 61.98837331592
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –