Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1.9925 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 2.085 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.11 |
| 2nd High | 2.108 |
| Next High | 2.085 |
| Current Price | 1.935000000 |
| Next Low | 1.88 |
| 2nd Low | 1.877 |
| 3rd Low | 1.857 |
2.085 – 2.108 – 2.066 – 1.88 – 2.008 – 1.999 —
1.941000000 – 1.934000000 —
36.946153519234 – 40.611076601486 —
– —
2.085 – 1784206800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Up – – –