ETH/USDT – 30M – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. 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 continue. Target of the current trend is 2141.98594 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 2169.6 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candle chart pattern is existing. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2183.5 |
| 2nd High | 2174.79 |
| Next High | 2169.6 |
| Current Price | 2114.630000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2169.6 – 2174.79 – 2147.24 – 2123.6 – 2021.5 – 2027.75 —
2145.000000000 – 2105.410000000 —
52.111417897142 – 27.092906799397 —
– —
2169.6 – 1775489400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –