In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 90236.27272 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 89957.39 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93420 |
| 2nd High | 91224.99 |
| Next High | 89957.39 |
| Current Price | 89243.630000000 |
| Next Low | 87304.33 |
| 2nd Low | 87035.51 |
| 3rd Low | 86845.66 |
89010 – 89957.39 – 91224.99 – 87304.33 – 87035.51 – 89162.08 —
87959.980000000 – 89304.780000000 —
46.770395239364 – 60.150065884905 —
– —
89010.00000 – 1769486400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – – –