There is also a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2092.445 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 2077.64 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Inverted Hammer’ candle chart pattern is found. The candles form ‘Inverted Hammer’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2183.5 |
| 2nd High | 2167.85 |
| Next High | 2077.64 |
| Current Price | 2057.120000000 |
| Next Low | 2017.04 |
| 2nd Low | 1983.56 |
| 3rd Low | 1970.93 |
2077.64 – 2167.85 – 2158 – 2017.04 – 2038.63 – 2108.72 —
2060.040000000 – 2056.210000000 —
50.779711882711 – 48.820500183745 —
– —
2077.64 – 1775147400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer – – –