Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 2.5365 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2.511 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. 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 | 2.643 |
| Next High | 2.511 |
| Current Price | 2.492000000 |
| Next Low | 2.43 |
| 2nd Low | 2.34 |
| 3rd Low | 2.274 |
2.511 – 2.643 – 2.558 – 2.43 – 2.435 – 2.468 —
2.450000000 – 2.484000000 —
41.22060379661 – 52.863029079095 —
– —
2.511 – 1772839800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –