In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.915 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.025 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.037 |
| 2nd High | 1.03 |
| Next High | 1.025 |
| Current Price | 0.937000000 |
| Next Low | 0.948 |
| 2nd Low | 0.915 |
| 3rd Low | 0.905 |
1.025 – 1.021 – 1.03 – 0.966 – 0.989 – 0.948 —
0.955000000 – 0.952000000 —
32.126032404542 – 37.495341161401 —
– —
1.025 – 1772780400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Outside Down – – –