Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 96179.16268 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 97208.210000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern 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’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 99588.010000000 |
2nd High | 98871.800000000 |
Next High | 97208.210000000 |
Current Price | 96829.160000000 |
Next Low | 94698.000000000 |
2nd Low | 94640.000000000 |
3rd Low | 92847.840000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows