Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.3684084 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.3747 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish 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 | 0.3775 |
| 2nd High | 0.3761 |
| Next High | 0.3747 |
| Current Price | 0.370800000 |
| Next Low | 0.3656 |
| 2nd Low | 0.364 |
| 3rd Low | 0.3585 |
0.3747 – 0.3761 – 0.3775 – 0.3728 – 0.3739 – 0.3724 —
0.374500000 – 0.371900000 —
50.339906247156 – 37.036581363516 —
– —
0.3747 – 1779881400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – – –