Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 1749.55 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 1749.55 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency 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 | 1796.08 |
| 2nd High | 1762.99 |
| Next High | 1749.55 |
| Current Price | 1735.330000000 |
| Next Low | 1708.11 |
| 2nd Low | 1679.11 |
| 3rd Low | 1671.79 |
1749.55 – 1733.89 – 1712.06 – 1708.11 – 1679.11 – 1682.35 —
1733.930000000 – 1731.340000000 —
54.330857547759 – 55.213177835398 —
– —
1749.55 – 1781967600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –