In addition a ‘Double bottom retreat down’ chart formation is found. The chart shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to fall.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.0007964 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.00082 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00082 |
| Current Price | 0.000759000 |
| Next Low | 0.00072 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.0008 – 0.00082 – 0.00081 – 0.00072 – 0.00077 – 0.00075 — 56.536135398709 – 40.268548392848 — 62.908105210772 – 37.436547433787 – 80.681281765908 – 63.240405419497
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Double bottom retreat down – –