Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.6415 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.659 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Matching Low’ chart pattern is discovered. The chart shows ‘Matching Low’. 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 chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.676 |
| 2nd High | 0.672 |
| Next High | 0.659 |
| Current Price | 0.658000000 |
| Next Low | 0.619 |
| 2nd Low | 0.607 |
| 3rd Low |
0.659 – 0.643 – 0.672 – 0.619 – 0.607 – 0.64 —
0.653000000 – 0.667000000 —
56.87800770334 – 63.604291982682 —
– —
0.659 – 1781211600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Matching Low – – –