The combination Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline up.
The bullish trend upwards to the next resistance at 0.040440000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.038520000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘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 likelyhood of ‘Northern Doji’ going 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 | 0.039490000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038000000 |
| 3rd Low | 0.037670000 |
0.040440000 – 0.041100000 – 0.039140000 – 0.039700000 – 0.039980000 – 0.038520000 — 34.025211817572 – 35.02632116886
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –