Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 1.263 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.263 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.327 |
| 2nd High | 1.275 |
| Next High | 1.263 |
| Current Price | 1.254000000 |
| Next Low | 1.197 |
| 2nd Low | 1.195 |
| 3rd Low | 1.193 |
1.263 – 1.241 – 1.229 – 1.197 – 1.204 – 1.195 —
1.242000000 – 1.248000000 —
50.045303495532 – 58.451398002572 —
– —
1.263 – 1777867200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –