Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 454.3 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 478 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 505.8 |
| 2nd High | 491.1 |
| Next High | 478 |
| Current Price | 455.200000000 |
| Next Low | 459.8 |
| 2nd Low | 454.3 |
| 3rd Low | 453.2 |
478 – 475.6 – 470.7 – 469.7 – 470.8 – 459.8 —
470.600000000 – 462.400000000 —
40.260792037815 – 20.09065797815 —
– —
478 – 1773759600
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Black Crows – – –