Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 0.02642072 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.0274 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02837 |
| 2nd High | 0.02754 |
| Next High | 0.0274 |
| Current Price | 0.026360000 |
| Next Low | 0.02589 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02305 |
0.0274 – 0.02754 – 0.02837 – 0.02676 – 0.02589 – 0.02617 —
0.026850000 – 0.026130000 —
49.384124275286 – 34.518740576712 —
– —
0.0274 – 1782115200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Up – – –