Next a ‘Resistance Level’ indicator layout is existing. 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-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.317424 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.333 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Outside Down’ candle chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. 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 | 1.412 |
| 2nd High | 1.334 |
| Next High | 1.333 |
| Current Price | 1.324000000 |
| Next Low | 1.278 |
| 2nd Low | 1.268 |
| 3rd Low | 1.267 |
1.307 – 1.323 – 1.303 – 1.278 – 1.286 – 1.268 —
1.308000000 – 1.338000000 —
56.477893043065 – 69.209541001818 —
– —
1.307 – 1773275400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –