In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1994.98 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1994.98 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2099.36 |
| 2nd High | 1996.04 |
| Next High | 1994.98 |
| Current Price | 2004.480000000 |
| Next Low | 1916.14 |
| 2nd Low | 1907.41 |
| 3rd Low | 1835.36 |
1971.95 – 1979.8 – 1977.35 – 1916.14 – 1925.06 – 1930 —
1989.630000000 – 2000.000000000 —
62.292772647966 – 59.949894858656 —
– —
1971.95 – 1773001800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –