Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.9605 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.018 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.03 |
| 2nd High | 1.025 |
| Next High | 1.018 |
| Current Price | 0.979000000 |
| Next Low | 0.939 |
| 2nd Low | 0.906 |
| 3rd Low | 0.903 |
1.018 – 1.007 – 0.938 – 0.939 – 0.906 – 0.903 —
0.956000000 – 0.991000000 —
31.565327972046 – 56.186270890597 —
– —
1.018 – 1773810000
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Matching Low – – –