Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 103428.91 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 104857.820000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 105819.450000000 |
Next High | 104857.820000000 |
Current Price | 103414.510000000 |
Next Low | 102000.000000000 |
2nd Low | 101383.070000000 |
3rd Low | 100718.370000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers