Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 67576 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 70096 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 70126.67 |
| Next High | 70096 |
| Current Price | 68461.730000000 |
| Next Low | 65259.21 |
| 2nd Low | 65056 |
| 3rd Low | 63030 |
70096 – 67079 – 67360.57 – 65259.21 – 65542.6 – 65056 —
69539.770000000 – 69258.080000000 —
71.056730678512 – 57.67802241973 —
– —
70096 – 1772469000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –