Besides a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.88 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 1.948 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.087 |
| 2nd High | 2.085 |
| Next High | 1.948 |
| Current Price | 1.919000000 |
| Next Low | 1.893 |
| 2nd Low | 1.88 |
| 3rd Low | 1.877 |
1.948 – 2.085 – 2.087 – 1.893 – 1.88 – 1.958 —
1.931000000 – 1.930000000 —
50.933217212084 – 49.751755880739 —
– —
1.948 – 1784296800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –