Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.03376 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.033870000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.035670000 |
2nd High | 0.035630000 |
Next High | 0.033870000 |
Current Price | 0.033750000 |
Next Low | 0.031890000 |
2nd Low | |
3rd Low |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers