Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.357172 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.398 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.566 |
| 2nd High | 1.44 |
| Next High | 1.398 |
| Current Price | 1.382000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.398 – 1.364 – 1.372 – 1.225 – 1.26 – 1.3 —
1.297000000 – 1.313000000 —
61.521642467293 – 67.779259334278 —
– —
1.398 – 1771671600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – Double top retreat up – –