Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4.07251 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 4.294 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.588 |
| Next High | 4.294 |
| Current Price | 3.826000000 |
| Next Low | 3.537 |
| 2nd Low | 3.259 |
| 3rd Low | 3.142 |
4.294 – 3.56 – 3.403 – 3.537 – 3.259 – 3.309 —
3.586000000 – 3.779000000 —
30.769640628822 – 56.76011447748 —
– —
4.294 – 1772056800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –