Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.42 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 2.42 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.42 |
| Current Price | 2.417000000 |
| Next Low | 2.32 |
| 2nd Low | 2.316 |
| 3rd Low | 2.271 |
2.42 – 2.385 – 2.4 – 2.32 – 2.328 – 2.316 —
2.390000000 – 2.400000000 —
46.916389894944 – 57.869701021164 —
– —
2.42 – 1777885200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –