Buy ETH/BTC – 1H – BUY

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:

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