Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.893 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.949 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency 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 | 1.011 |
| 2nd High | 1.008 |
| Next High | 0.949 |
| Current Price | 0.906000000 |
| Next Low | 0.907 |
| 2nd Low | 0.898 |
| 3rd Low | 0.893 |
0.949 – 0.939 – 0.939 – 0.907 – 0.898 – 0.906 —
0.919000000 – 0.922000000 —
46.490673848526 – 46.997366797387 —
– —
0.949 – 1771329600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –