The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.039680000 is expected.
Caution: A possible change in the direction of the resistance zone at 0.039970000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Also there is a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 0.039970000 |
| Current Price | 0.039850000 |
| Next Low | 0.039680000 |
| 2nd Low | 0.038770000 |
| 3rd Low | 0.038510000 |
0.039970000 – 0.039110000 – 0.039990000 – 0.039680000 – 0.038770000 – 0.038510000 — 60.679792665937 – 56.403702942622
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –