Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 64139.9752 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 67360.57 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Southern Doji’ candle chart pattern is detected. The chart forms ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68216.8 |
| 2nd High | 68199.99 |
| Next High | 67360.57 |
| Current Price | 65300.000000000 |
| Next Low | 63030 |
| 2nd Low | 62510.28 |
| 3rd Low | 60000 |
67360.57 – 68199.99 – 66025.52 – 66042.72 – 63030 – 64914.46 —
67112.370000000 – 66108.880000000 —
56.134624823539 – 40.749240055606 —
– —
67360.57 – 1772371800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –