Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. 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 expected. Current target is 61054.41596 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 60759.99 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 63239.06 |
| 2nd High | 61962.4 |
| Next High | 60759.99 |
| Current Price | 60328.320000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
60759.99 – 60273.81 – 61962.4 – 58337 – 58115.01 – 60684.94 —
59588.000000000 – 60080.360000000 —
42.009006580308 – 47.841716003412 —
– —
60759.99 – 1782459000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –