ETH/BTC – 30M – BUYThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.03462 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.03404 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03467 |
| 2nd High | 0.03466 |
| Next High | 0.03462 |
| Current Price | 0.034630000 |
| Next Low | 0.03404 |
| 2nd Low | 0.03375 |
| 3rd Low | 0.03308 |
0.03462 – 0.03466 – 0.03467 – 0.03404 – 0.03375 – 0.03308 — 56.477646099802 – 60.357467216861 — 53.518300698817 – 86.85163403215 – 27.271653847885 – 53.738170468261
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –