Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 2025.675 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 2019.65 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2080.42 |
| 2nd High | 2047.45 |
| Next High | 2019.65 |
| Current Price | 1997.610000000 |
| Next Low | 1983.56 |
| 2nd Low | 1970.93 |
| 3rd Low | 1916.14 |
2019.65 – 2047.45 – 2008.35 – 1983.56 – 1989.64 – 1992.25 —
1995.120000000 – 1996.210000000 —
42.56404641617 – 45.45229095368 —
– —
2019.65 – 1774753200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –