In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 60000 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 72271.41 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91224.99 |
| 2nd High | 90600 |
| Next High | 72271.41 |
| Current Price | 67392.050000000 |
| Next Low | 65118 |
| 2nd Low | 60000 |
| 3rd Low |
72271.41 – 90600 – 91224.99 – 65118 – 60000 – 74604 —
69065.500000000 – 68707.490000000 —
50.940085860014 – 50.488912297698 —
– —
72271.41 – 1770580800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – Double top retreat up – –