Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.585 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 2.609 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. 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 | 2.706 |
| 2nd High | 2.63 |
| Next High | 2.609 |
| Current Price | 2.598000000 |
| Next Low | 2.466 |
| 2nd Low | 2.366 |
| 3rd Low |
2.567 – 2.585 – 2.563 – 2.466 – 2.532 – 2.483 —
2.485000000 – 2.590000000 —
34.08786784575 – 72.418551865515 —
– —
2.567 – 1781386200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three White Soldiers – – –