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 0.00057 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.00061 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.00061 |
| Current Price | 0.000546000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00061 – 0.00062 – 0.00059 – 0.00052 – 0.00057 – 0.00058 —
0.000532000 – 0.000547000 —
27.462069435249 – 45.050756514437 —
– —
0.00061 – 1769639400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –