Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.897 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.989 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.011 |
| 2nd High | 1.008 |
| Next High | 0.989 |
| Current Price | 0.915000000 |
| Next Low | 0.897 |
| 2nd Low | 0.893 |
| 3rd Low |
0.989 – 1.008 – 0.967 – 0.959 – 0.95 – 0.936 —
0.935000000 – 0.930000000 —
23.705775188654 – 29.432494861564 —
– —
0.989 – 1771142400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Three Black Crows – – –