Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 97097.1208 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 98988.000000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 98988.000000000 |
Current Price | 98468.920000000 |
Next Low | 95600.000000000 |
2nd Low | 93138.000000000 |
3rd Low | 91320.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows