Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.00038 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.0004 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Harami’ candle pattern is existing. The candles show ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00043 |
| 2nd High | 0.00041 |
| Next High | 0.0004 |
| Current Price | 0.000394000 |
| Next Low | 0.00038 |
| 2nd Low | 0.00037 |
| 3rd Low | 0.00035 |
0.0004 – 0.00041 – 0.00039 – 0.00038 – 0.00037 – 0.00037 —
0.000390000 – 0.000387000 —
47.813131185789 – 50.829565690183 —
– —
0.0004 – 1772514000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami – – –