The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 0.03515 is expected.
Caution: A possible change in the direction of the support level at 0.03413 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 | 0.03687 |
| 2nd High | 0.0353 |
| Next High | 0.03515 |
| Current Price | 0.035080000 |
| Next Low | 0.03413 |
| 2nd Low | 0.03384 |
| 3rd Low | 0.03382 |
0.03515 – 0.03449 – 0.03413 – 0.03413 – 0.03384 – 0.03393 — 65.14801060476 – 65.897255537025 — 90.779096975474 – 99.485801773695 – 90.950496384243 – 93.681331908215
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –