The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.03272 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.03235 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The 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 | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03272 |
| Current Price | 0.032530000 |
| Next Low | 0.03235 |
| 2nd Low | 0.03225 |
| 3rd Low | 0.03213 |
0.03272 – 0.03292 – 0.0329 – 0.03235 – 0.03225 – 0.03213 — 47.989640905922 – 52.397627625229 — 34.357652345227 – 62.193730984972 – 27.145044715718 – 38.506823269334
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –