In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.805 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2.805 is also possible.
Consider stop-loss settings accordingly.
In addition 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2.805 |
| Current Price | 2.717000000 |
| Next Low | 2.533 |
| 2nd Low | 2.354 |
| 3rd Low | 2.34 |
2.692 – 2.805 – 2.55 – 2.533 – 2.588 – 2.354 —
2.648000000 – 2.705000000 —
54.8695515818 – 67.551177085497 —
– —
2.692 – 1773324000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –