Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.3317 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.3246 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3526 |
| 2nd High | 0.3342 |
| Next High | 0.3246 |
| Current Price | 0.320600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.3246 – 0.3342 – 0.323 – 0.3144 – 0.3186 – 0.3163 —
0.316700000 – 0.319500000 —
37.397191212852 – 52.327641843647 —
– —
0.3246 – 1782720000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –