Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.2938 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2938 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3319 |
| 2nd High | 0.305 |
| Next High | 0.2938 |
| Current Price | 0.296200000 |
| Next Low | 0.2536 |
| 2nd Low | 0.2504 |
| 3rd Low | 0.2205 |
0.2716 – 0.2865 – 0.2938 – 0.2536 – 0.2699 – 0.267 —
0.268800000 – 0.292600000 —
62.937490365563 – 84.97415052141 —
– —
0.2716 – 1771984800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –