Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.216 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.317 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.34 |
| Next High | 1.317 |
| Current Price | 1.234000000 |
| Next Low | 1.221 |
| 2nd Low | 1.216 |
| 3rd Low | 1.101 |
1.317 – 1.27 – 1.265 – 1.221 – 1.216 – 1.239 —
1.245000000 – 1.237000000 —
34.726768837954 – 37.758564662081 —
– —
1.317 – 1775476800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –