Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 64394.44 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 64394.44 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74275.66 |
| 2nd High | 74198 |
| Next High | 64394.44 |
| Current Price | 63846.000000000 |
| Next Low | 62829.81 |
| 2nd Low | 62348 |
| 3rd Low | 60755 |
64394.44 – 63933.02 – 62857.99 – 62829.81 – 62348 – 60755 —
63658.000000000 – 63596.000000000 —
50.761137965469 – 51.489547063103 —
– —
64394.44 – 1781276400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –