In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.3205 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.322 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.381 |
| 2nd High | 1.372 |
| Next High | 1.322 |
| Current Price | 1.297000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.322 – 1.372 – 1.367 – 1.26 – 1.3 – 1.338 —
1.283000000 – 1.289000000 —
44.706094891005 – 50.948747763865 —
– —
1.322 – 1771466400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –