Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 448.15 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 448.8 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 454.5 |
| 2nd High | 453.2 |
| Next High | 448.8 |
| Current Price | 446.500000000 |
| Next Low | 442.4 |
| 2nd Low | 441.8 |
| 3rd Low | 440.5 |
448.8 – 447.6 – 453.2 – 442.4 – 444.4 – 450 —
444.100000000 – 445.000000000 —
42.531128624252 – 50.04551944933 —
– —
448.8 – 1777757400
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –