ETH/BTC – 1H – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 0.039040000 will continue.
Caution: A possible counter-trend in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039390000 |
| Next High | 0.039040000 |
| Current Price | 0.038800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039040000 – 0.039390000 – 0.039720000 – 0.038420000 – 0.038210000 – 0.038400000 — 55.553535250925 – 56.80066189533
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –