Also there is a ‘Double top retreat up’ chart pattern is found. The chart shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.039980000 is likely expected.
Caution: A possible change in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.040970000 |
| 2nd High | 0.039990000 |
| Next High | 0.039980000 |
| Current Price | 0.039770000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039980000 – 0.039970000 – 0.039110000 – 0.039430000 – 0.038770000 – 0.038510000 — 52.01118159909 – 57.929665172441
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –