Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.03546 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.035460000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.035670000 |
2nd High | 0.035630000 |
Next High | 0.035460000 |
Current Price | 0.035300000 |
Next Low | 0.034110000 |
2nd Low | 0.034000000 |
3rd Low | 0.032920000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three White Soldiers