Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.396 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.547 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.547 |
| Current Price | 1.474000000 |
| Next Low | 1.265 |
| 2nd Low | 1.245 |
| 3rd Low | 1.221 |
1.547 – 1.288 – 1.312 – 1.265 – 1.245 – 1.262 —
1.502000000 – 1.528000000 —
64.091215301158 – 60.828428635635 —
– —
1.547 – 1778101200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –