And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 1.286 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.308 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.347 |
| 2nd High | 1.338 |
| Next High | 1.308 |
| Current Price | 1.263000000 |
| Next Low | 1.234 |
| 2nd Low | 1.227 |
| 3rd Low | 1.2 |
1.308 – 1.295 – 1.288 – 1.234 – 1.237 – 1.235 —
1.274000000 – 1.263000000 —
60.245307828716 – 49.337425527757 —
– —
1.308 – 1779804000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –