Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1967 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 2030 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Southern Doji’ candle pattern is existing. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2140.49 |
| 2nd High | 2096.71 |
| Next High | 2030 |
| Current Price | 1999.530000000 |
| Next Low | 1967 |
| 2nd Low | 1916.14 |
| 3rd Low | 1907.41 |
2030 – 2096.71 – 2140.49 – 1967 – 2055.06 – 2084.52 —
2008.510000000 – 2014.290000000 —
47.656961534024 – 47.229064293433 —
– —
2030 – 1779991200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – – –