Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 77324.335 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 77711.87 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Inside Down’ candle chart pattern is discovered. The chart forms ‘Three Inside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78581.93 |
| 2nd High | 78479.37 |
| Next High | 77711.87 |
| Current Price | 77678.930000000 |
| Next Low | 77264.08 |
| 2nd Low | 76960 |
| 3rd Low | 74821.57 |
77711.87 – 78479.37 – 78581.93 – 77264.08 – 77402.01 – 76960 —
77582.280000000 – 77843.340000000 —
45.776617714141 – 60.847746546628 —
– —
77711.87 – 1777087800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Inside Down – – –