Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. 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. Current target is 0.00406 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.00406 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00413 |
| 2nd High | 0.0041 |
| Next High | 0.00406 |
| Current Price | 0.004010000 |
| Next Low | 0.00343 |
| 2nd Low | 0.0034 |
| 3rd Low | 0.00259 |
0.00362 – 0.00355 – 0.00406 – 0.00343 – 0.0034 – 0.00372 —
0.003540000 – 0.003920000 —
52.169856886975 – 81.340765754846 —
– —
0.00362 – 1771981200
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Three White Soldiers – – –