Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.4209 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.4209 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4503 |
| 2nd High | 1.4466 |
| Next High | 1.4209 |
| Current Price | 1.416900000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.408500000 – 1.412800000 —
57.320413856776 – 56.594434186013 —
– —
1.4209 – 1777867200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –