ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.038520000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.040440000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. 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 | 0.041500000 |
| 2nd High | 0.041100000 |
| Next High | 0.040440000 |
| Current Price | 0.039870000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.040440000 – 0.041100000 – 0.039140000 – 0.039980000 – 0.038520000 – 0.038000000 — 41.146017333945 – 39.564575337017
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –