The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.03463 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.03382 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.036 |
| 2nd High | 0.0353 |
| Next High | 0.03463 |
| Current Price | 0.035040000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03463 – 0.03448 – 0.03452 – 0.03382 – 0.03402 – 0.03376 — 61.253290274274 – 80.545518301127 — 24.834300497607 – 57.586976962858 – 16.919403417951 – 31.179479026873
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double bottom chart pattern – –