And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.00059 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.00062 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00064 |
| 2nd High | 0.00063 |
| Next High | 0.00062 |
| Current Price | 0.000599000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00059 – 0.0006 – 0.00062 – 0.00056 – 0.00056 – 0.00058 —
0.000591000 – 0.000615000 —
58.582883691958 – 70.258123102028 —
– —
0.00059 – 1769464800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – – –