ETH/BTC – 1H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.03328 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.03281 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.03379 |
| 2nd High | 0.03356 |
| Next High | 0.03328 |
| Current Price | 0.033030000 |
| Next Low | 0.03281 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03328 – 0.03309 – 0.03356 – 0.03288 – 0.03281 – 0.03286 — 51.08601624808 – 54.303294641066 — 55.192528037221 – 75.544830619307 – 45.34719087686 – 57.47138409546
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –