ETH/BTC – 4H – BUYThe pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascent up to the next resistance at 0.03413 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.03382 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0353 |
| 2nd High | 0.0342 |
| Next High | 0.03413 |
| Current Price | 0.034130000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03335 |
| 3rd Low | 0.03324 |
0.03413 – 0.0342 – 0.0341 – 0.03382 – 0.03335 – 0.03324 — 41.634531073537 – 42.106390880801 — 9.6824636734901 – 18.520083112134 – 7.4198138233307 – 10.97948885815
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Triple bottom chart pattern – –