Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart 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 will persist. Current target is 2.595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 2.73 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.74 |
| 2nd High | 2.735 |
| Next High | 2.73 |
| Current Price | 2.535000000 |
| Next Low | 2.455 |
| 2nd Low | 2.354 |
| 3rd Low | 2.34 |
2.73 – 2.735 – 2.722 – 2.455 – 2.658 – 2.627 —
2.545000000 – 2.533000000 —
53.581725802877 – 49.031598084109 —
– —
2.73 – 1773810000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –