The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 0.03063 is expected.
Caution: A possible change in the direction of the support level at 0.03029 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03083 |
| 2nd High | 0.0307 |
| Next High | 0.03063 |
| Current Price | 0.030830000 |
| Next Low | 0.03029 |
| 2nd Low | 0.02984 |
| 3rd Low | 0.02982 |
0.03063 – 0.0307 – 0.0301 – 0.03029 – 0.02984 – 0.02982 —
0.030570000 – 0.030750000 —
51.660583886612 – 68.326319225787 —
– —
0.03063 – 1774920600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – – –