ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.037460000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.038660000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which 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 | 0.039460000 |
| 2nd High | 0.039190000 |
| Next High | 0.038660000 |
| Current Price | 0.038450000 |
| Next Low | 0.037460000 |
| 2nd Low | 0.037290000 |
| 3rd Low | 0.035400000 |
0.038660000 – 0.038130000 – 0.039190000 – 0.037460000 – 0.037290000 – 0.037390000 — 68.012549293315 – 60.063544914112
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –