Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 570.82 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 602.31 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish 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 | 632.9 |
| 2nd High | 612.5 |
| Next High | 602.31 |
| Current Price | 571.920000000 |
| Next Low | 570.82 |
| 2nd Low | 570.61 |
| 3rd Low | 570.06 |
602.31 – 596.31 – 591.83 – 583.6 – 570.82 – 573 —
591.770000000 – 582.660000000 —
47.310332205124 – 30.285922260032 —
– —
602.31 – 1782133200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –