Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.09573 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.096660000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. this 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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10199 |
| 2nd High | 0.09746 |
| Next High | 0.096660000 |
| Current Price | 0.095490000 |
| Next Low | 0.09436 |
| 2nd Low | 0.094 |
| 3rd Low | 0.0918 |
0.096660000 – 0.09746 – 0.09567 – 0.09436 – 0.094 – 0.09503 —
0.096660000 – 0.094980000 —
42.941742944312 – 34.22015411709 —
0.096660000 – 1773579600 —
– 1773579600
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Outside Up – – –