Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 633.88326 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 639 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. 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 | 640.49 |
| 2nd High | 639.81 |
| Next High | 639 |
| Current Price | 628.210000000 |
| Next Low | 622.58 |
| 2nd Low | 615.61 |
| 3rd Low | 615.09 |
639 – 621.81 – 619.38 – 622.58 – 623.48 – 615.61 —
625.680000000 – 627.330000000 —
51.731581602783 – 53.758071058927 —
– —
639 – 1777867200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –