Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.952116 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.025 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Tweezers Bottom’ candle pattern is detected. The chart forms ‘Tweezers Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.027 |
| 2nd High | 1.026 |
| Next High | 1.025 |
| Current Price | 0.936000000 |
| Next Low | 0.932 |
| 2nd Low | 0.919 |
| 3rd Low | 0.915 |
1.025 – 1.014 – 1.021 – 0.932 – 0.946 – 0.966 —
0.942000000 – 0.940000000 —
36.873032232115 – 36.795537428594 —
– —
1.025 – 1772782200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Tweezers Bottom – – –