Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.2545 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.288 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. 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 | 1.34 |
| 2nd High | 1.306 |
| Next High | 1.288 |
| Current Price | 1.248000000 |
| Next Low | 1.221 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.288 – 1.287 – 1.276 – 1.26 – 1.221 – 1.249 —
1.266000000 – 1.238000000 —
34.968949168701 – 30.409001633586 —
– —
1.288 – 1774868400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –