Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 1.994 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.948 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.087 |
| 2nd High | 2.085 |
| Next High | 1.948 |
| Current Price | 1.935000000 |
| Next Low | 1.893 |
| 2nd Low | 1.88 |
| 3rd Low | 1.877 |
1.948 – 2.085 – 2.087 – 1.893 – 1.88 – 1.958 —
1.923000000 – 1.934000000 —
44.317680441524 – 52.752864624169 —
– —
1.948 – 1784296800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three White Soldiers – – –