Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0497 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 0.0497 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0534 |
| 2nd High | 0.0517 |
| Next High | 0.0497 |
| Current Price | 0.048800000 |
| Next Low | 0.0465 |
| 2nd Low | 0.0437 |
| 3rd Low | 0.0403 |
0.0497 – 0.0461 – 0.0466 – 0.0465 – 0.0437 – 0.0455 —
0.047900000 – 0.047700000 —
52.521771231798 – 50.681284820254 —
– —
0.0497 – 1770883200
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Three White Soldiers – – –