Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.9245 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.961 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.004 |
| 2nd High | 0.975 |
| Next High | 0.961 |
| Current Price | 0.918000000 |
| Next Low | 0.914 |
| 2nd Low | 0.888 |
| 3rd Low | 0.877 |
0.961 – 0.955 – 0.951 – 0.914 – 0.935 – 0.935 —
0.929000000 – 0.914000000 —
41.855019114866 – 32.080264597071 —
– —
0.961 – 1780284600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Up – – –