ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.038810000 is certain.
Caution: A possible change in the direction of resistance at 0.039970000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039990000 |
| 2nd High | 0.039980000 |
| Next High | 0.039970000 |
| Current Price | 0.039280000 |
| Next Low | 0.038810000 |
| 2nd Low | 0.038770000 |
| 3rd Low | 0.038510000 |
0.039970000 – 0.039980000 – 0.039970000 – 0.038810000 – 0.039430000 – 0.038770000 — 65.665945259884 – 51.625866418473
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom retreat down – –