Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00042348 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.00043 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00045 |
| 2nd High | 0.00044 |
| Next High | 0.00043 |
| Current Price | 0.000409000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00035 |
| 3rd Low | 0.00034 |
0.0004 – 0.00039 – 0.00043 – 0.00037 – 0.00037 – 0.0004 —
0.000390000 – 0.000414000 —
55.931277863922 – 73.244462178918 —
– —
0.0004 – 1773032400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –