ETH/BTC – 1H – SELLIn addition a ‘Double bottom chart pattern’ chart layout is existing. The chart picture shows ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish descent down to the next support line at 0.03382 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.0353 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘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 | 0.03679 |
| 2nd High | 0.036 |
| Next High | 0.0353 |
| Current Price | 0.034570000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03452 – 0.03402 – 0.03405 – 0.03382 – 0.03376 – 0.03353 — 57.619669742319 – 66.097234059735 — 85.18810757989 – 88.386562665735 – 85.505093586574 – 86.406150082273
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –