Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 7.545 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 7.988000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. 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 | 8.972000000 |
2nd High | 8.468000000 |
Next High | 7.988000000 |
Current Price | 7.717000000 |
Next Low | 7.584000000 |
2nd Low | 7.540000000 |
3rd Low | 7.460000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows