Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1954.88012 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 2039.05 could occur.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2107.67 |
| 2nd High | 2103.32 |
| Next High | 2039.05 |
| Current Price | 1974.570000000 |
| Next Low | 1968.68 |
| 2nd Low | 1941.66 |
| 3rd Low | 1937.24 |
2039.05 – 2015.33 – 2008.58 – 1968.68 – 1941.66 – 1937.24 —
1991.910000000 – 1979.070000000 —
43.023178508335 – 40.271191175207 —
– —
2039.05 – 1771401600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – Double top chart pattern – –