Additionally a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 2.0255 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.98 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘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 | 2.149 |
| 2nd High | 2.005 |
| Next High | 1.98 |
| Current Price | 1.969000000 |
| Next Low | 1.86 |
| 2nd Low | 1.857 |
| 3rd Low | 1.813 |
1.98 – 2.005 – 2.149 – 1.86 – 1.949 – 1.964 —
1.964000000 – 1.944000000 —
56.080718428879 – 44.264005226339 —
– —
1.98 – 1782338400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –