In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2165.83196 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2209.03 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.82 |
| 2nd High | 2295.74 |
| Next High | 2209.03 |
| Current Price | 2111.370000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2209.03 – 2148.8 – 2095 – 2090 – 2037.79 – 2017.59 —
2134.020000000 – 2105.510000000 —
47.241990123891 – 43.121387829126 —
– —
2209.03 – 1773410400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –