ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.040280000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.038520000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041100000 |
| 2nd High | 0.040440000 |
| Next High | 0.040280000 |
| Current Price | 0.039220000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038380000 |
| 3rd Low | 0.038000000 |
0.040280000 – 0.040440000 – 0.041100000 – 0.039700000 – 0.039980000 – 0.038520000 — 45.904927528765 – 47.616261581714
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –