Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 606.93472 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 624.27 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Harami’ candle pattern is detected. The candles form ‘Bearish Harami’. this 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 ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 666.16 |
| 2nd High | 665.42 |
| Next High | 624.27 |
| Current Price | 622.750000000 |
| Next Low | 621 |
| 2nd Low | 610.89 |
| 3rd Low | 588.64 |
624.27 – 665.42 – 666.16 – 626.2 – 621 – 610.89 —
619.760000000 – 619.680000000 —
47.179740647246 – 49.121183761094 —
– —
624.27 – 1772964000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Harami – – –