Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1964.775 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 2001.42 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2032.31 |
| 2nd High | 2015.81 |
| Next High | 2001.42 |
| Current Price | 1946.130000000 |
| Next Low | 1897.24 |
| 2nd Low | 1866.13 |
| 3rd Low | 1747.8 |
2001.42 – 1988.07 – 2015.81 – 1897.24 – 1903.19 – 1989.38 —
1952.000000000 – 1939.260000000 —
53.99656630072 – 42.139519061476 —
– —
2001.42 – 1770894000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Head and Shoulder chart pattern – –