Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.455 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 1.455 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.455 |
| Current Price | 1.352000000 |
| Next Low | 1.189 |
| 2nd Low | 1.028 |
| 3rd Low | 0.953 |
1.333 – 1.455 – 1.26 – 1.189 – 1.028 – 0.953 —
1.307000000 – 1.388000000 —
55.45357733844 – 60.393264670608 —
– —
1.333 – 1773144000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –