Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.1564556 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.196 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. this is a bearish chart scenario. 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 | 0.205 |
| 2nd High | 0.2 |
| Next High | 0.196 |
| Current Price | 0.167700000 |
| Next Low | 0.155 |
| 2nd Low | 0.1446 |
| 3rd Low |
0.196 – 0.196 – 0.196 – 0.155 – 0.1446 – 0.1494 —
0.170400000 – 0.180100000 —
58.173842693918 – 66.069420262362 —
– —
0.196 – 1780516800
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –