Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Target of the current trend is 3490.92056 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 3700.860000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Concealing Baby Swallow’ candlestick pattern is discovered. The candles form ‘Concealing Baby Swallow’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 4031.380000000 |
2nd High | 3744.830000000 |
Next High | 3700.860000000 |
Current Price | 3480.010000000 |
Next Low | 3421.790000000 |
2nd Low | 3323.030000000 |
3rd Low | 3313.880000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Concealing Baby Swallow