Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 2464.91 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 2464.910000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2464.910000000 |
| Current Price | 2429.780000000 |
| Next Low | 2317.43 |
| 2nd Low | 2285.1 |
| 3rd Low | 2175.68 |
2464.910000000 – 2364.68 – 2351.8 – 2317.43 – 2285.1 – 2345.04 —
2464.910000000 – 2435.290000000 —
76.714940835825 – 60.815066487446 —
2464.910000000 – 1776443400 —
– 1776443400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – – –