Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
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 79430.535 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 80776.99 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84737.69 |
| 2nd High | 84621.16 |
| Next High | 80776.99 |
| Current Price | 79975.830000000 |
| Next Low | 78202 |
| 2nd Low | 78084.08 |
| 3rd Low | 78040 |
80776.99 – 80635.51 – 78878.77 – 78202 – 78288.88 – 78558.65 —
80311.720000000 – 80397.190000000 —
57.90609144571 – 59.409554106961 —
– —
80776.99 – 1777915800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –