ETH/BTC – 1H – BUYAnd also a ‘Double top retreat up’ chart layout is detected. The chart picture forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.038660000 will continue.
Caution: A possible change in the direction of the support zone at 0.034670000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 | 0.037610000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.031430000 |
| 3rd Low | 0.031290000 |
0.038660000 – 0.039190000 – 0.039460000 – 0.037290000 – 0.037390000 – 0.037700000 — 40.8152312624 – 50.10007530928
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –