Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 853.85116 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 959.52 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1182.6 |
| 2nd High | 1019.56 |
| Next High | 959.52 |
| Current Price | 881.440000000 |
| Next Low | 894 |
| 2nd Low | 885.28 |
| 3rd Low | 821.21 |
959.52 – 954.68 – 917.33 – 923.69 – 894 – 885.28 —
930.000000000 – 908.500000000 —
41.967826122282 – 27.870674246089 —
– —
959.52000 – 1768651200
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Black Crows – – –