Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 8.7905 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 9.212000000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.669000000 |
2nd High | 9.234000000 |
Next High | 9.212000000 |
Current Price | 8.945000000 |
Next Low | 8.367000000 |
2nd Low | 8.347000000 |
3rd Low | 8.023000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows