Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1680.56168 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1691.07 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1714.5 |
| 2nd High | 1693.59 |
| Next High | 1691.07 |
| Current Price | 1666.640000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1691.07 – 1685.65 – 1682 – 1653.74 – 1652.09 – 1660.93 —
1672.470000000 – 1663.030000000 —
47.027059995143 – 44.062995964407 —
– —
1691.07 – 1781276400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –