Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 74050 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 74050 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 90600 |
| Next High | 74050 |
| Current Price | 72228.820000000 |
| Next Low | 65618.49 |
| 2nd Low | 63030 |
| 3rd Low | 62510.28 |
71777 – 74050 – 70096 – 65618.49 – 63030 – 62510.28 —
70950.000000000 – 72000.000000000 —
55.968588095771 – 62.672522859711 —
– —
71777 – 1773144000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –