Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 2373.2607 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 2398.93 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2398.93 |
| Current Price | 2378.140000000 |
| Next Low | 2314.250000000 |
| 2nd Low | 2309.24 |
| 3rd Low | 2297.59 |
2398.93 – 2343.6 – 2313.98 – 2314.250000000 – 2309.24 – 2297.59 —
2369.890000000 – 2344.530000000 —
36.141944618952 – 43.515520792453 —
2314.250000000 – 1777888800 —
2398.93 – 1777867200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –