ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.039140000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.038380000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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 | 0.039720000 |
| 2nd High | 0.039270000 |
| Next High | 0.039140000 |
| Current Price | 0.039100000 |
| Next Low | 0.038380000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.039140000 – 0.039270000 – 0.038820000 – 0.038380000 – 0.038000000 – 0.038380000 — 64.346261038558 – 65.397482951112
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –