Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.00041 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00042 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00045 |
| 2nd High | 0.00043 |
| Next High | 0.00042 |
| Current Price | 0.000407200 |
| Next Low | 0.0004 |
| 2nd Low | 0.00038 |
| 3rd Low | 0.00037 |
0.00042 – 0.00042 – 0.00042 – 0.0004 – 0.0004 – 0.00041 —
0.000408700 – 0.000404900 —
48.346943991947 – 44.050245701722 —
– —
0.00042 – 1783999800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –