Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 2353.97 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2423.75 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2475.98 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2328.970000000 |
| Next Low | 2284.19 |
| 2nd Low | 2278.38 |
| 3rd Low | 2263.18 |
2423.75 – 2413.83 – 2332 – 2331.5 – 2384.17 – 2284.19 —
2356.850000000 – 2316.000000000 —
38.786677263439 – 24.012992904995 —
– —
2423.75 – 1776866400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –