ETH/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 2053.84 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2149.75 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.82 |
| 2nd High | 2295.74 |
| Next High | 2149.75 |
| Current Price | 1919.000000000 |
| Next Low | 1747.8 |
| 2nd Low | 1731.7 |
| 3rd Low | 1606.01 |
2149.75 – 2295.74 – 2343.82 – 1747.8 – 2076.68 – 2110 —
1926.630000000 – 1883.250000000 —
49.25124729875 – 41.838999522837 —
– —
2149.75 – 1770282000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –