Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.07315 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.07525 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0756 |
| 2nd High | 0.07538 |
| Next High | 0.07525 |
| Current Price | 0.072350000 |
| Next Low | 0.07092 |
| 2nd Low | 0.06952 |
| 3rd Low |
0.07525 – 0.07538 – 0.07417 – 0.07263 – 0.07336 – 0.07092 —
0.071900000 – 0.072290000 —
34.921742519805 – 42.4679365983 —
– —
0.07525 – 1784120400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three White Soldiers – – –