In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 1.021036 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.021 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.125 |
| 2nd High | 1.048 |
| Next High | 1.021 |
| Current Price | 1.016000000 |
| Next Low | 0.959 |
| 2nd Low | 0.947 |
| 3rd Low | 0.94 |
1.021 – 1.048 – 1.002 – 0.959 – 0.947 – 0.94 —
0.981000000 – 1.065000000 —
45.191340989907 – 65.926161939032 —
– —
1.021 – 1777867200
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –