Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. 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 is considered certain. Target of the current trend is 0.00062 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00061 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 | 0.00066 |
| 2nd High | 0.00062 |
| Next High | 0.00061 |
| Current Price | 0.000616000 |
| Next Low | 0.00058 |
| 2nd Low | 0.00057 |
| 3rd Low | 0.00054 |
0.00061 – 0.00062 – 0.0006 – 0.00058 – 0.00059 – 0.00058 —
0.000589000 – 0.000609000 —
41.681517138093 – 63.319093060061 —
– —
0.00061 – 1778103000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –