Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.968 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.985 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03 |
| 2nd High | 1.025 |
| Next High | 0.985 |
| Current Price | 0.946000000 |
| Next Low | 0.911 |
| 2nd Low | 0.905 |
| 3rd Low | 0.865 |
0.985 – 0.962 – 1.025 – 0.911 – 0.921 – 0.966 —
0.945000000 – 0.945000000 —
41.218638520067 – 44.946068261828 —
– —
0.985 – 1773082800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bullish Belt Hold – – –