Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 71580.49992 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 74050 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 90600 |
| Next High | 74050 |
| Current Price | 68991.930000000 |
| Next Low | 63030 |
| 2nd Low | 62510.28 |
| 3rd Low | 60000 |
74050 – 70096 – 69988.83 – 63030 – 62510.28 – 65631.83 —
67465.110000000 – 68460.090000000 —
39.261470795769 – 47.406425380293 —
– —
74050 – 1772640000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –