Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.841 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 1.239 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.894 |
| 2nd High | 1.81 |
| Next High | 1.239 |
| Current Price | 1.041000000 |
| Next Low | 0.934 |
| 2nd Low | 0.841 |
| 3rd Low |
1.239 – 1.81 – 1.894 – 0.934 – 0.841 – 1.091 —
1.032000000 – 1.090000000 —
59.689514627652 – 65.831078650594 —
– —
1.239 – 1770033600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –