Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.440772 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.566 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.896 |
| 2nd High | 1.576 |
| Next High | 1.566 |
| Current Price | 1.458000000 |
| Next Low | 1.431 |
| 2nd Low | 1.399 |
| 3rd Low | 0.633 |
1.566 – 1.576 – 1.536 – 1.431 – 1.509 – 1.452 —
1.504000000 – 1.490000000 —
45.229483337823 – 48.403341934435 —
– —
1.566 – 1770148800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –