ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.043270000 is expected.
Caution: A possible change in the direction of support at 0.040860000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.043270000 |
| Current Price | 0.041440000 |
| Next Low | 0.040860000 |
| 2nd Low | 0.039580000 |
| 3rd Low | 0.037670000 |
0.043270000 – 0.041710000 – 0.041800000 – 0.040860000 – 0.039580000 – 0.041170000 — 57.423869497065 – 58.16558098115
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –