The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 0.02916 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.02877 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. 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 | 0.02977 |
| 2nd High | 0.02957 |
| Next High | 0.02916 |
| Current Price | 0.028970000 |
| Next Low | 0.02877 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02813 |
0.02916 – 0.02957 – 0.02957 – 0.02877 – 0.02888 – 0.0292 —
0.028900000 – 0.028980000 —
36.658268083912 – 53.307381053338 —
– —
0.02916 – 1771547400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –