Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 97649.8126 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 98847.680000000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 99588.010000000 |
Next High | 98847.680000000 |
Current Price | 98200.100000000 |
Next Low | 97136.000000000 |
2nd Low | 97122.110000000 |
3rd Low | 95600.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows