ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.0336 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.03236 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03365 |
| Next High | 0.0336 |
| Current Price | 0.033600000 |
| Next Low | 0.03236 |
| 2nd Low | 0.03224 |
| 3rd Low | 0.03212 |
0.0336 – 0.03365 – 0.03355 – 0.03236 – 0.03224 – 0.03298 — 54.003707442795 – 55.557185357079 — 15.533087476342 – 10.430854291686 – 39.562187659488 – 20.291337617474
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –