Then a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair is likely to fall.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
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 64275.2178 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 69988.83 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 70126.67 |
| Next High | 69988.83 |
| Current Price | 65928.010000000 |
| Next Low | 66500 |
| 2nd Low | 62510.28 |
| 3rd Low | 60000 |
69988.83 – 66310 – 68245 – 66500 – 62510.28 – 64290.71 —
67712.160000000 – 67416.780000000 —
51.750105755549 – 37.221868979992 —
– —
69988.83 – 1772053200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –