Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.193 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.193000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.193000000 |
| Current Price | 0.189000000 |
| Next Low | 0.164 |
| 2nd Low | 0.163 |
| 3rd Low | 0.161 |
0.193000000 – 0.171 – 0.169 – 0.164 – 0.163 – 0.163 —
0.193000000 – 0.187000000 —
85.777267430678 – 62.572100046914 —
0.193000000 – 1773651600 —
– 1773651600
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Up – – –