Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 80089.50398 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 80635.51 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84737.69 |
| 2nd High | 84621.16 |
| Next High | 80635.51 |
| Current Price | 80271.140000000 |
| Next Low | 78202 |
| 2nd Low | 78084.08 |
| 3rd Low | 78040 |
80635.51 – 78878.77 – 79199.48 – 78202 – 78288.88 – 78558.65 —
79059.040000000 – 80505.060000000 —
44.008702114171 – 64.468844335233 —
– —
80635.51 – 1777867200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two Crows – – –