Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 75726.416 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 79084.29 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79360 |
| 2nd High | 79186.81 |
| Next High | 79084.29 |
| Current Price | 74935.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
79084.29 – 79186.81 – 79360 – 77644.09 – 77888 – 74604 —
78112.000000000 – 74298.210000000 —
40.02654839721 – 16.305717437255 —
– —
79084.29 – 1770107400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – Double top retreat up – –