Furthermore a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.0498 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.0525 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Harami’ chart pattern is discovered. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0549 |
| 2nd High | 0.0548 |
| Next High | 0.0525 |
| Current Price | 0.050800000 |
| Next Low | 0.0507 |
| 2nd Low | 0.0501 |
| 3rd Low | 0.0498 |
0.0525 – 0.0548 – 0.0524 – 0.0507 – 0.0513 – 0.0501 —
0.051300000 – 0.051000000 —
35.905292603906 – 28.249457143707 —
– —
0.0525 – 1771756200
Trading Signals: CRYPTO – CFX – CFX/USDT – USDT – Bearish Harami – – –