Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 78889.71928 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 79199.48 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 79199.48 |
| Current Price | 78656.010000000 |
| Next Low | 78084.08 |
| 2nd Low | 78040 |
| 3rd Low | 77752 |
79199.48 – 78596.61 – 78514.82 – 78084.08 – 78094.43 – 78040 —
78483.670000000 – 78465.050000000 —
53.624046130708 – 51.775036153372 —
– —
79199.48 – 1777757400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –