Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.624 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 2.596 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.904 |
| 2nd High | 2.624 |
| Next High | 2.596 |
| Current Price | 2.578000000 |
| Next Low | 2.401 |
| 2nd Low | 2.39 |
| 3rd Low | 2.255 |
2.596 – 2.559 – 2.624 – 2.401 – 2.39 – 2.255 —
2.573000000 – 2.587000000 —
54.901000164283 – 55.053427109001 —
– —
2.596 – 1781501400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –