Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 84294.165 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 87453.670000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative 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’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 93721.370000000 |
2nd High | 91100.000000000 |
Next High | 87453.670000000 |
Current Price | 85246.350000000 |
Next Low | 83578.320000000 |
2nd Low | 81134.660000000 |
3rd Low | 79939.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows