And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.2796 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.2875 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.2875 |
| Current Price | 0.280000000 |
| Next Low | 0.2762 |
| 2nd Low | 0.2686 |
| 3rd Low | 0.2683 |
0.2788 – 0.2793 – 0.2796 – 0.2762 – 0.2774 – 0.2762 —
0.277100000 – 0.279800000 —
39.910323329117 – 70.836530484033 —
– —
0.2788 – 1770762600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –