Buy ETH/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 3684.92 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 3684.920000000 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Bullish Engulfing’ candle chart pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3684.920000000
Current Price 3610.610000000
Next Low 3529.760000000
2nd Low 3252.000000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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