Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 83845.585 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 84418.000000000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Harami’ candle chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 84676.280000000 |
2nd High | 84499.740000000 |
Next High | 84418.000000000 |
Current Price | 83634.530000000 |
Next Low | 82381.460000000 |
2nd Low | 79939.900000000 |
3rd Low | 76606.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami