Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 77326.51 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 79485.66 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84737.69 |
| 2nd High | 84621.16 |
| Next High | 79485.66 |
| Current Price | 77667.360000000 |
| Next Low | 77465.05 |
| 2nd Low | 77326.51 |
| 3rd Low | 77140.23 |
79485.66 – 78210 – 77650 – 77465.05 – 77843.75 – 77770 —
77727.430000000 – 77885.460000000 —
34.159654771182 – 42.663359980066 —
– —
79485.66 – 1777251600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –