ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 0.041620000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.040860000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.043270000 |
| 2nd High | 0.041860000 |
| Next High | 0.041620000 |
| Current Price | 0.041410000 |
| Next Low | 0.040860000 |
| 2nd Low | 0.039580000 |
| 3rd Low | 0.037670000 |
0.041620000 – 0.041450000 – 0.040490000 – 0.040860000 – 0.039580000 – 0.040710000 — 51.696098922354 – 55.844975321707
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –