Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.09461 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.12775 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Two Crows’ candlestick pattern is existing. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.15133 |
| 2nd High | 0.12884 |
| Next High | 0.12775 |
| Current Price | 0.106020000 |
| Next Low | 0.09461 |
| 2nd Low | |
| 3rd Low |
0.12775 – 0.12884 – 0.15133 – 0.09461 – 0.12045 – 0.12029 —
0.106260000 – 0.110530000 —
34.339965898843 – 51.763516732355 —
– —
0.12775 – 1769587200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –