Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.029935 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.02984 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Inverted Hammer’ candle chart pattern is existing. The chart forms ‘Inverted Hammer’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03056 |
| 2nd High | 0.03029 |
| Next High | 0.02984 |
| Current Price | 0.029780000 |
| Next Low | 0.02958 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.02984 – 0.03029 – 0.03029 – 0.02958 – 0.02978 – 0.02999 —
0.029820000 – 0.029780000 —
45.032550441497 – 40.101592822952 —
– —
0.02984 – 1777314600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Inverted Hammer – – –