Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 639 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 639 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. 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 Outside Up’ going 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 | 646.180000000 |
| Next Low | 628.97 |
| 2nd Low | 627.81 |
| 3rd Low | 622.58 |
635 – 634 – 639 – 628.97 – 627.81 – 622.58 —
636.190000000 – 640.430000000 —
58.864360130472 – 68.733467790811 —
– —
635 – 1778014800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Up – – –