Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 4.064 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 4.064 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.294 |
| 2nd High | 4.095 |
| Next High | 4.064 |
| Current Price | 4.022000000 |
| Next Low | 3.842 |
| 2nd Low | 3.804 |
| 3rd Low | 3.61 |
4.064 – 3.95 – 3.967 – 3.842 – 3.843 – 3.804 —
4.019000000 – 4.040000000 —
61.780938658115 – 60.219948357822 —
– —
4.064 – 1773372600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –