Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.517248 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 2.55 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.572 |
| Next High | 2.55 |
| Current Price | 2.491000000 |
| Next Low | 2.34 |
| 2nd Low | 2.274 |
| 3rd Low | 2.015 |
2.55 – 2.432 – 2.547 – 2.34 – 2.357 – 2.341 —
2.408000000 – 2.468000000 —
49.28812649933 – 59.29309134549 —
– —
2.55 – 1772467200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –