Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. 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 will continue. Target of the current trend is 71732.845 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 71367 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74672.34 |
| 2nd High | 71613.79 |
| Next High | 71367 |
| Current Price | 70540.730000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
71367 – 70695.6 – 71613.79 – 68793.35 – 69478.51 – 70500 —
69963.880000000 – 70095.320000000 —
38.267487316944 – 49.087690458946 —
– —
71367 – 1773993600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –