Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 2.356 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 2.389 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The 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 | 2.937 |
| 2nd High | 2.562 |
| Next High | 2.389 |
| Current Price | 2.289000000 |
| Next Low | 2.15 |
| 2nd Low | 2.063 |
| 3rd Low | 1.99 |
2.389 – 2.386 – 2.562 – 2.15 – 2.172 – 2.258 —
2.236000000 – 2.237000000 —
52.324355651841 – 53.790103739814 —
– —
2.389 – 1781712000
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –