In addition a ‘StochRSI %K crosses above 0.2’ indicator signal is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 2327.22528 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 2346.78 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Latter Bottom’ candle chart pattern is existing. The chart forms ‘Latter Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2375.14 |
| 2nd High | 2350.24 |
| Next High | 2346.78 |
| Current Price | 2311.620000000 |
| Next Low | 2278.38 |
| 2nd Low | 2263.18 |
| 3rd Low | 2252.72 |
2346.78 – 2326.36 – 2332.88 – 2278.38 – 2263.18 – 2252.72 —
2319.400000000 – 2313.080000000 —
46.717627633006 – 45.168649930426 —
– —
2346.78 – 1776718800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Latter Bottom – – –