Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
Next a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 2.416 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 2.416 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.416 |
| Current Price | 2.412000000 |
| Next Low | 2.32 |
| 2nd Low | 2.316 |
| 3rd Low | 2.271 |
2.416 – 2.37 – 2.385 – 2.32 – 2.34 – 2.328 —
2.408000000 – 2.399000000 —
60.913569833839 – 58.359975889275 —
– —
2.416 – 1777867200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –