Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.986 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.021 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Harami’ candlestick pattern is existing. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.027 |
| 2nd High | 1.026 |
| Next High | 1.021 |
| Current Price | 0.988000000 |
| Next Low | 0.987 |
| 2nd Low | 0.986 |
| 3rd Low | 0.948 |
1.021 – 1.026 – 1.027 – 0.989 – 0.995 – 0.987 —
1.016000000 – 0.989000000 —
48.557400552949 – 43.530958552344 —
– —
1.021 – 1772708400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Harami – – –