Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0294933 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.02981 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03029 |
| 2nd High | 0.03024 |
| Next High | 0.02981 |
| Current Price | 0.029440000 |
| Next Low | 0.02933 |
| 2nd Low | 0.02929 |
| 3rd Low | 0.02923 |
0.02981 – 0.0296 – 0.02965 – 0.02933 – 0.02944 – 0.02929 —
0.029430000 – 0.029430000 —
42.26123874508 – 42.560285436678 —
– —
0.02981 – 1777867200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Belt Hold – – –