ETH/BTC – 30M – BUYThen a ‘Double top retreat up’ chart formation is discovered. The chart shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.038860000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.037670000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.038920000 |
| 2nd High | 0.038900000 |
| Next High | 0.038860000 |
| Current Price | 0.038430000 |
| Next Low | 0.037670000 |
| 2nd Low | 0.037500000 |
| 3rd Low | 0.037490000 |
0.038860000 – 0.038900000 – 0.038750000 – 0.038400000 – 0.038500000 – 0.038520000 — 41.949071761211 – 44.693573262583
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top retreat up – –