In addition a ‘Double bottom chart pattern’ chart pattern is discovered. The chart shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 0.8452 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.843700000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.879900000 |
| 2nd High | 0.845200000 |
| Next High | 0.843700000 |
| Current Price | 0.844900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.843700000 – 0.840300000 – 0.845200000 – 0.802600000 – 0.826000000 – 0.800300000 — 62.535648108746 – 71.078380396363
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double bottom chart pattern – –