The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.039390000 is likely expected.
Caution: A possible change in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040280000 |
| 2nd High | 0.039720000 |
| Next High | 0.039390000 |
| Current Price | 0.039250000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039390000 – 0.039720000 – 0.038910000 – 0.038970000 – 0.038950000 – 0.038210000 — 55.822287010737 – 57.157753132218
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –