Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.2854 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.2854 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. 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 | |
| 2nd High | 0.2875 |
| Next High | 0.2854 |
| Current Price | 0.283900000 |
| Next Low | 0.2795 |
| 2nd Low | 0.2762 |
| 3rd Low | 0.2686 |
0.2825 – 0.2854 – 0.2825 – 0.2795 – 0.2795 – 0.2762 —
0.283800000 – 0.283500000 —
56.136093884692 – 51.549582213938 —
– —
0.2825 – 1771367400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –