And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. 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 certain. Target of the current trend is 567.1838 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 577.15 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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 | 592.1 |
| 2nd High | 587.16 |
| Next High | 577.15 |
| Current Price | 573.630000000 |
| Next Low | 568.02 |
| 2nd Low | 560.4 |
| 3rd Low | 556.16 |
577.15 – 587.16 – 592.1 – 568.02 – 560.4 – 575.28 —
575.880000000 – 577.660000000 —
62.541984146624 – 59.514572927011 —
– —
577.15 – 1783580400
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –