Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 3377.815 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 3451.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3547.950000000 |
2nd High | 3514.940000000 |
Next High | 3451.000000000 |
Current Price | 3352.750000000 |
Next Low | 3308.870000000 |
2nd Low | 3305.000000000 |
3rd Low | 3304.630000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold