Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.00060584 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.0006 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Inverted Hammer’ candlestick pattern is found. The chart shows ‘Inverted Hammer’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.0006 |
| Current Price | 0.000592000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00059 – 0.0006 – 0.00062 – 0.00056 – 0.00056 – 0.00058 —
0.000586000 – 0.000593000 —
67.523380258121 – 68.556050988058 —
– —
0.00059 – 1769464800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Inverted Hammer – – –