Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.941 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.935 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.977 |
| 2nd High | 0.976 |
| Next High | 0.935 |
| Current Price | 0.928000000 |
| Next Low | 0.903 |
| 2nd Low | 0.865 |
| 3rd Low | 0.819 |
0.935 – 0.976 – 0.977 – 0.903 – 0.919 – 0.932 —
0.908000000 – 0.930000000 —
36.355932689478 – 60.105168446804 —
– —
0.935 – 1773307800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bullish Belt Hold – – –