Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 604.005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 616.64 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Inside Up’ candlestick chart pattern is detected. The candles show ‘Three Inside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 624.14 |
| 2nd High | 620.87 |
| Next High | 616.64 |
| Current Price | 599.890000000 |
| Next Low | 587.14 |
| 2nd Low | 570.06 |
| 3rd Low |
616.64 – 620.87 – 618.25 – 600.6 – 610.53 – 587.14 —
612.080000000 – 598.920000000 —
48.876832828352 – 26.387855312937 —
– —
616.64 – 1770940800
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Inside Up – Head and Shoulder chart pattern – –