Then a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.2861526 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.2873 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candle chart pattern is found. 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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2896 |
| 2nd High | 0.2881 |
| Next High | 0.2873 |
| Current Price | 0.283800000 |
| Next Low | 0.2824 |
| 2nd Low | 0.279 |
| 3rd Low | 0.2783 |
0.2873 – 0.2871 – 0.2881 – 0.2844 – 0.2824 – 0.2837 —
0.284000000 – 0.283600000 —
30.078563292881 – 25.483172995874 —
– —
0.2873 – 1772802000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –