The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline up.
A bullish ascent up to the next resistance line at 0.040880000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.039580000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.040880000 |
| Current Price | 0.040060000 |
| Next Low | 0.039580000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037490000 |
0.040880000 – 0.041630000 – 0.043270000 – 0.040280000 – 0.040860000 – 0.039580000 — 35.288306156686 – 42.185725151734
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –