The combination breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 0.000096820 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000091500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000109900 |
2nd High | 0.000101640 |
Next High | 0.000096820 |
Current Price | 0.000096920 |
Next Low | 0.000091500 |
2nd Low | 0.000089230 |
3rd Low | 0.000080780 |