Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.872104 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.98 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.112 |
| 2nd High | 1.026 |
| Next High | 0.98 |
| Current Price | 0.947000000 |
| Next Low | 0.905000000 |
| 2nd Low | 0.865 |
| 3rd Low | 0.798 |
0.98 – 1.026 – 1.112 – 0.905000000 – 0.865 – 0.951 —
0.921000000 – 0.956000000 —
34.293266979319 – 58.702060132523 —
0.905000000 – 1772395200 —
0.98 – 1772330400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Two Crows – – –