ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 0.038860000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.038220000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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’ heading 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 | 0.038590000 |
| Next Low | 0.038220000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038860000 – 0.038900000 – 0.038750000 – 0.038220000 – 0.038400000 – 0.038500000 — 49.298413999498 – 56.688732115784
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –