In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.10214836 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.10903 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.11871 |
| 2nd High | 0.11056 |
| Next High | 0.10903 |
| Current Price | 0.102490000 |
| Next Low | 0.10555 |
| 2nd Low | 0.09955 |
| 3rd Low | 0.09461 |
0.10903 – 0.11056 – 0.1065 – 0.10555 – 0.10704 – 0.09955 —
0.108570000 – 0.105780000 —
56.248260126524 – 36.75635452143 —
– —
0.10903 – 1770103800
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –