Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.0632 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.068 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.091 |
| 2nd High | 1.075 |
| Next High | 1.068 |
| Current Price | 1.058000000 |
| Next Low | 1.028 |
| 2nd Low | 1.025 |
| 3rd Low | 1.016 |
1.068 – 1.066 – 1.075 – 1.028 – 1.04 – 1.025 —
1.051000000 – 1.052000000 —
51.329541841062 – 52.237946035945 —
– —
1.068 – 1771331400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – Double bottom retreat down – –