Additionally a ‘Double top retreat up’ chart pattern is existing. The chart picture shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to go up.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4506.93 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 4576.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4788.000000000 |
| 2nd High | 4672.670000000 |
| Next High | 4576.000000000 |
| Current Price | 4380.870000000 |
| Next Low | 4225.860000000 |
| 2nd Low | 4166.770000000 |
| 3rd Low | 4153.070000000 |
4576.000000000 – 4672.670000000 – 4788.000000000 – 4225.860000000 – 4372.540000000 – 4368.000000000 — 50.720458938413 – 52.542772363992
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double top retreat up – –