And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 199.5652 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 196.6 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 218.2 |
| 2nd High | 205.3 |
| Next High | 196.6 |
| Current Price | 194.600000000 |
| Next Low | 181 |
| 2nd Low | |
| 3rd Low |
196.6 – 205.3 – 201.7 – 181 – 186.4 – 194.4 —
189.800000000 – 191.600000000 —
46.949567586687 – 53.302450982961 —
– —
196.6 – 1782262800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three White Soldiers – – –