ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.03529 will continue.
Caution: A possible counter-trend in the direction of support at 0.03445 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 0.03529 |
| Current Price | 0.034550000 |
| Next Low | 0.03445 |
| 2nd Low | 0.03443 |
| 3rd Low | 0.03413 |
0.03529 – 0.03473 – 0.03475 – 0.03445 – 0.03443 – 0.03443 — 39.367960580439 – 42.123195257368 — 65.027649080855 – 79.529716534649 – 43.207345182233 – 58.973081585546
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –