Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.09085 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.10129 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1017 |
| 2nd High | 0.10158 |
| Next High | 0.10129 |
| Current Price | 0.092440000 |
| Next Low | 0.09085 |
| 2nd Low | 0.09028 |
| 3rd Low | 0.09005 |
0.10129 – 0.10158 – 0.1017 – 0.09085 – 0.0978 – 0.09909 —
0.094530000 – 0.094270000 —
42.639738660719 – 41.005954429352 —
– —
0.10129 – 1780358400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –