Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.3207 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.3277 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3326 |
| 2nd High | 0.3281 |
| Next High | 0.3277 |
| Current Price | 0.321800000 |
| Next Low | 0.3207 |
| 2nd Low | 0.3198 |
| 3rd Low | 0.3192 |
0.3277 – 0.3281 – 0.3276 – 0.3207 – 0.3255 – 0.3258 —
0.322900000 – 0.322800000 —
38.637404746081 – 42.27600404038 —
– —
0.3277 – 1780952400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Two Crows – – –