Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.968 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.985 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Below The Stomach’ candle pattern is detected. The chart shows ‘Below The Stomach’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03 |
| 2nd High | 1.025 |
| Next High | 0.985 |
| Current Price | 0.945000000 |
| Next Low | 0.911 |
| 2nd Low | 0.905 |
| 3rd Low | 0.865 |
0.985 – 0.962 – 1.025 – 0.911 – 0.921 – 0.966 —
0.977000000 – 0.969000000 —
60.212080565394 – 51.555994237688 —
– —
0.985 – 1773082800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Below The Stomach – – –