ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.041500000 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.039150000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043270000 |
| 2nd High | 0.041630000 |
| Next High | 0.041500000 |
| Current Price | 0.039030000 |
| Next Low | 0.039150000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037490000 |
0.041500000 – 0.040690000 – 0.040290000 – 0.039150000 – 0.040460000 – 0.039910000 — 42.047414594886 – 44.218751574958
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –