Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.722 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.576 could occur.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.343 |
| 2nd High | 2.235 |
| Next High | 1.576 |
| Current Price | 1.426000000 |
| Next Low | 1.225 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.576 – 2.235 – 2.343 – 1.225 – 1.101 – 1.399 —
1.274000000 – 1.375000000 —
42.674438044562 – 67.401605271001 —
– —
1.576 – 1770033600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –