Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.2561 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 2.216 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.321 |
| 2nd High | 2.226 |
| Next High | 2.216 |
| Current Price | 2.217000000 |
| Next Low | 2.046 |
| 2nd Low | 2.015 |
| 3rd Low | 2.014 |
2.216 – 2.226 – 2.321 – 2.046 – 2.126 – 2.197 —
2.119000000 – 2.196000000 —
41.699571271497 – 55.011424691512 —
– —
2.216 – 1782302400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –