There is also a ‘Double bottom retreat down’ chart layout is discovered. The chart shows ‘Double bottom retreat down’. this is a bearish chart scenario. The currency pair is likely to go down.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 0.001944826 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.001964000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001964000 |
| Current Price | 0.001957000 |
| Next Low | 0.001918000 |
| 2nd Low | 0.001867000 |
| 3rd Low | 0.001834000 |
0.001964000 – 0.001969000 – 0.001975000 – 0.001918000 – 0.001867000 – 0.001834000 — 61.998813588708 – 57.563854290547
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Double bottom retreat down – –