Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance 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 certain. Current target is 0.872104 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.112 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.629 |
| 2nd High | 1.303 |
| Next High | 1.112 |
| Current Price | 0.920000000 |
| Next Low | 0.798 |
| 2nd Low | |
| 3rd Low |
1.112 – 0.909 – 0.949 – 0.798 – 0.838 – 0.898 —
0.926000000 – 0.967000000 —
45.773203374772 – 52.773893110843 —
– —
1.112 – 1772049600
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –