And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 658.175 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 613.39 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 783.57 |
| 2nd High | 745.74 |
| Next High | 613.39 |
| Current Price | 611.090000000 |
| Next Low | 580.68 |
| 2nd Low | 570.61 |
| 3rd Low | 570.06 |
613.39 – 745.74 – 673.07 – 580.68 – 570.61 – 628.22 —
604.610000000 – 611.010000000 —
51.383950821917 – 56.278684603231 —
– —
613.39 – 1781265600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three White Soldiers – – –