ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at will continue.
Caution: A possible change in the direction of the resistance line at 0.038820000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.039720000 |
| 2nd High | 0.039010000 |
| Next High | 0.038820000 |
| Current Price | 0.038550000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.038820000 – 0.039010000 – 0.038860000 – 0.038410000 – 0.038220000 – 0.038500000 — 54.499898988443 – 46.877227145686
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –