ETH/BTC – 1H – SELLNext a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A bearish movement down to the next support at 0.03299 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.03393 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03393 |
| Current Price | 0.033630000 |
| Next Low | 0.03299 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03361 – 0.03291 – 0.03289 – 0.03299 – 0.03209 – 0.03225 — 59.816490378473 – 62.559533995513 — 84.64865318805 – 82.717137998362 – 73.986184050503 – 80.970004163925
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –