Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.0487 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.0487 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. 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 | 0.0517 |
| 2nd High | 0.0489 |
| Next High | 0.0487 |
| Current Price | 0.048100000 |
| Next Low | 0.0437 |
| 2nd Low | 0.0403 |
| 3rd Low |
0.0461 – 0.0466 – 0.0487 – 0.0437 – 0.0455 – 0.0457 —
0.046200000 – 0.047600000 —
61.67963737067 – 71.74584254694 —
– —
0.0461 – 1770818400
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –