And also a ‘Double bottom chart pattern’ chart formation is found. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3673.84 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 3671.500000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3673.840000000 |
| Next High | 3671.500000000 |
| Current Price | 3608.360000000 |
| Next Low | 3526.440000000 |
| 2nd Low | 3477.580000000 |
| 3rd Low | 3361.200000000 |
3608.300000000 – 3671.500000000 – 3673.840000000 – 3526.440000000 – 3477.580000000 – 3361.200000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Double bottom chart pattern