And also a ‘Triple bottom chart pattern’ chart pattern is detected. The chart shows ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.039720000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.038520000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
And also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.039980000 |
| Next High | 0.039720000 |
| Current Price | 0.039450000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038520000 – 0.038000000 – 0.038410000 — 71.318404937427 – 72.260963592341
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –