Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 5.058 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 5.429000000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 5.839000000 |
2nd High | 5.430000000 |
Next High | 5.429000000 |
Current Price | 5.236000000 |
Next Low | 4.857000000 |
2nd Low | 4.686000000 |
3rd Low | 4.314000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows