Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00043136 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.00055 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Bearish Harami’ candlestick pattern is found. The candles show ‘Bearish Harami’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00057 |
| Next High | 0.00055 |
| Current Price | 0.000496000 |
| Next Low | 0.00041 |
| 2nd Low | 0.00037 |
| 3rd Low | 0.00036 |
0.00055 – 0.00057 – 0.00063 – 0.00052 – 0.00052 – 0.00041 —
0.000505000 – 0.000497000 —
34.076756468699 – 33.962462262222 —
– —
0.00055 – 1776502800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami – – –