Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.3602 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.3625 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3739 |
| 2nd High | 0.3707 |
| Next High | 0.3625 |
| Current Price | 0.353800000 |
| Next Low | 0.349000000 |
| 2nd Low | 0.3465 |
| 3rd Low |
0.3625 – 0.3707 – 0.3652 – 0.349000000 – 0.3465 – 0.3564 —
0.351400000 – 0.352600000 —
44.059742901667 – 48.22822924056 —
0.349000000 – 1769461200 —
0.36250 – 1769227200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –