Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.3068928 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.308800000 |
| Next Low | 0.3028 |
| 2nd Low | 0.2991 |
| 3rd Low | 0.2964 |
0.3048 – 0.3053 – 0.3044 – 0.3028 – 0.2991 – 0.3011 —
0.310700000 – 0.310100000 —
73.367085642352 – 63.053330275138 —
– —
0.3048 – 1773961200
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –