Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.00042372 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.00063 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00088 |
| 2nd High | 0.00076 |
| Next High | 0.00063 |
| Current Price | 0.000491000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00036 |
| 3rd Low | 0.00035 |
0.00063 – 0.00046 – 0.00041 – 0.00037 – 0.00036 – 0.00036 —
0.000566000 – 0.000508000 —
65.702224364793 – 50.920491819825 —
– —
0.00063 – 1776355200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – – –