Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 67858.9582 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 73558.15 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black 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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 68356.370000000 |
| Next Low | 65618.49 |
| 2nd Low | 65259.21 |
| 3rd Low | 65056 |
67609.08 – 68200 – 68232.27 – 65618.49 – 66761.68 – 66547.15 —
69273.550000000 – 68772.540000000 —
71.666031420405 – 57.630941855011 —
– —
67609.08 – 1773001800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –