Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.187 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 2.187 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Falling Window’ chart pattern is discovered. The chart forms ‘Falling Window’. this 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 ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.265 |
| 2nd High | 2.261 |
| Next High | 2.187 |
| Current Price | 2.103000000 |
| Next Low | 1.977 |
| 2nd Low | 1.959 |
| 3rd Low | 1.93 |
2.187 – 2.155 – 2.119 – 1.977 – 1.959 – 1.93 —
2.136000000 – 2.124000000 —
57.673400482759 – 54.214280783988 —
– —
2.187 – 1781366400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Falling Window – Rising Wedge Chart Pattern – –