Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.1636 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.1663 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency 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 | 0.196 |
| 2nd High | 0.1804 |
| Next High | 0.1663 |
| Current Price | 0.165500000 |
| Next Low | 0.155 |
| 2nd Low | 0.1544 |
| 3rd Low | 0.1521 |
0.1626 – 0.1636 – 0.1598 – 0.155 – 0.1578 – 0.1597 —
0.157300000 – 0.164000000 —
43.001639964936 – 74.255817247572 —
– —
0.1626 – 1781386200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three White Soldiers – – –