Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 66355.61132 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 68245 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. 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 | 69241.5 |
| 2nd High | 68698.7 |
| Next High | 68245 |
| Current Price | 65958.940000000 |
| Next Low | 60000 |
| 2nd Low | |
| 3rd Low |
68245 – 68698.7 – 68233.99 – 67809.78 – 66280.2 – 65631.83 —
67751.440000000 – 65294.800000000 —
46.571765177998 – 27.964230727312 —
– —
68245 – 1771758000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –