Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
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 0.00045 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.00046 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.0005 |
| Next High | 0.00046 |
| Current Price | 0.000454000 |
| Next Low | 0.00042 |
| 2nd Low | 0.0004 |
| 3rd Low | 0.00039 |
0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 – 0.00043 —
0.000449000 – 0.000450000 —
76.389687151358 – 72.779522932218 —
– —
0.00044 – 1781386200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –