Also there is a ‘Double bottom chart pattern’ chart layout is existing. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.00193714 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001943000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001943000 |
| Current Price | 0.001911000 |
| Next Low | 0.001867000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001905000 – 0.001943000 – 0.001969000 – 0.001867000 – 0.001872000 – 0.001874000 — 55.964873893328 – 58.10336148706
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –