Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.010242 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 1.031 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Harami’ candlestick chart pattern is found. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.063 |
| 2nd High | 1.046 |
| Next High | 1.031 |
| Current Price | 1.025000000 |
| Next Low | 0.934 |
| 2nd Low | 0.841 |
| 3rd Low |
1.031 – 0.991 – 0.987 – 0.934 – 0.938 – 0.944 —
1.028000000 – 1.028000000 —
67.410984102217 – 56.501110313657 —
– —
1.031 – 1771016400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Harami – – –