And also a ‘Double top retreat up’ chart formation is existing. The chart picture shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.039980000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – –