There is also a ‘Triple bottom chart pattern’ chart layout is discovered. The chart picture shows ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 121617.04888 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 123218.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which 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 | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 119921.960000000 |
| Next Low | 118181.140000000 |
| 2nd Low | 117017.290000000 |
| 3rd Low | 115736.920000000 |
118195.000000000 – 118490.710000000 – 123218.000000000 – 118181.140000000 – 117017.290000000 – 115736.920000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers – Triple bottom chart pattern