Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2243.41876 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 2423.75 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Stick Sandwich’ chart pattern is discovered. The candles show ‘Stick Sandwich’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Stick Sandwich’ going up is 62% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2316.010000000 |
| Next Low | 2285.420000000 |
| 2nd Low | 2252.72 |
| 3rd Low | 2175 |
2423.75 – 2464.91 – 2415.5 – 2285.420000000 – 2252.72 – 2285.1 —
2335.760000000 – 2328.160000000 —
43.076298932555 – 44.897468412337 —
2285.420000000 – 1776960000 —
2423.75 – 1776859200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Stick Sandwich – – –