Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 0.1742136 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.1844 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bearish Harami’ chart pattern is detected. The candles form ‘Bearish Harami’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.197 |
| 2nd High | 0.196 |
| Next High | 0.1844 |
| Current Price | 0.181600000 |
| Next Low | 0.1681 |
| 2nd Low | 0.1644 |
| 3rd Low | 0.1368 |
0.1787 – 0.1844 – 0.1545 – 0.1681 – 0.1644 – 0.1368 —
0.184200000 – 0.180800000 —
65.486046396853 – 55.4126355595 —
– —
0.1787 – 1782644400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Harami – – –