Next a ‘Triple top chart pattern’ chart layout is existing. The chart shows ‘Triple top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
Next a ‘RSI cross above 30’ indicator layout is found. The indicator is ‘RSI cross above 30’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.002191 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.002358000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002358000 |
| Current Price | 0.002163000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002358000 – 0.002329000 – 0.002593000 – 0.002220000 – 0.002191000 – 0.002316000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern –