Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.2205 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.214 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.234 |
| 2nd High | 0.219 |
| Next High | 0.214 |
| Current Price | 0.215000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.214 – 0.219 – 0.234 – 0.206 – 0.211 – 0.22 —
0.216000000 – 0.215000000 —
57.098441111371 – 47.500331077913 —
– —
0.214 – 1770870600
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – Head and Shoulder chart pattern – –