Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.9685 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 2 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.064 |
| 2nd High | 2.051 |
| Next High | 2 |
| Current Price | 1.928000000 |
| Next Low | 1.873 |
| 2nd Low | 1.834 |
| 3rd Low | 1.765 |
2 – 1.96 – 2.051 – 1.93 – 1.873 – 1.881 —
1.959000000 – 1.928000000 —
48.20942345617 – 31.155480143541 —
– —
2.00000 – 1769032800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –