ETH/USDT – 1H – BUYBesides a ‘Double top retreat up’ chart pattern is found. The chart picture forms ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 3860 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 3860.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3860.000000000 |
| Current Price | 3698.400000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3860.000000000 – 3824.560000000 – 3608.300000000 – 3681.600000000 – 3526.440000000 – 3477.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Double top retreat up