ETH/USDT – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 2273.87 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 2273.87 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2357.73 |
| 2nd High | 2350 |
| Next High | 2273.87 |
| Current Price | 2231.880000000 |
| Next Low | 2060.24 |
| 2nd Low | 2021.5 |
| 3rd Low | 2017.04 |
2273.87 – 2133.83 – 2174.79 – 2060.24 – 2087.5 – 2021.5 —
2259.510000000 – 2218.350000000 —
78.009707882617 – 53.943355566253 —
– —
2273.87 – 1775602800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –