Then a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 59831.46944 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 65622.83 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 74275.66 |
| 2nd High | 67292.15 |
| Next High | 65622.83 |
| Current Price | 62052.000000000 |
| Next Low | 57800.19 |
| 2nd Low | |
| 3rd Low |
60780.57 – 60941.17 – 65622.83 – 57800.19 – 58115.01 – 62272.07 —
63144.010000000 – 63402.770000000 —
63.467388483793 – 60.954255190085 —
– —
60780.57 – 1782734400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –