Additionally a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.897 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 1.941 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The 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 | 1.984 |
| 2nd High | 1.981 |
| Next High | 1.941 |
| Current Price | 1.905000000 |
| Next Low | 1.903 |
| 2nd Low | 1.897 |
| 3rd Low | 1.873 |
1.941 – 1.981 – 1.984 – 1.903 – 1.897 – 1.914 —
1.923000000 – 1.923000000 —
42.895389506338 – 42.739517523952 —
– —
1.94100 – 1769229000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –