Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.41368 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.442 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Up’ chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.471 |
| 2nd High | 1.443 |
| Next High | 1.442 |
| Current Price | 1.393000000 |
| Next Low | 1.335 |
| 2nd Low | 1.322 |
| 3rd Low | 1.32 |
1.365 – 1.389 – 1.442 – 1.335 – 1.322 – 1.324 —
1.372000000 – 1.389000000 —
50.308235372135 – 61.582021231148 —
– —
1.365 – 1776668400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –