Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.00056 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00059 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00062 |
| 2nd High | 0.0006 |
| Next High | 0.00059 |
| Current Price | 0.000571000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00059 – 0.0006 – 0.00062 – 0.00056 – 0.00058 – 0.00058 —
0.000585000 – 0.000577000 —
57.886483620597 – 40.541127418778 —
– —
0.00059 – 1769464800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –