And also a ‘Triple bottom chart pattern’ chart formation is detected. The chart picture shows ‘Triple bottom chart pattern’. this is a bullish signal. The currency pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 3083 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 3094.060000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3083.000000000 – 3020.310000000 – 2979.780000000 – 2932.460000000 – 2940.240000000 – 2903.850000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three White Soldiers – Triple bottom chart pattern