Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 2.695 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 2.735 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.847 |
| 2nd High | 2.805 |
| Next High | 2.735 |
| Current Price | 2.702000000 |
| Next Low | 2.316 |
| 2nd Low | 2.246 |
| 3rd Low | 2.195 |
2.469 – 2.492 – 2.566 – 2.316 – 2.318 – 2.375 —
2.408000000 – 2.625000000 —
50.362560155013 – 78.061325395701 —
– —
2.469 – 1777449600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –