Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.872104 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.026 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.165 |
| 2nd High | 1.112 |
| Next High | 1.026 |
| Current Price | 0.948000000 |
| Next Low | 0.819 |
| 2nd Low | 0.8 |
| 3rd Low | 0.798 |
1.026 – 1.112 – 0.87 – 0.951 – 0.819 – 0.8 —
0.974000000 – 0.954000000 —
41.616324749248 – 36.239810909076 —
– —
1.026 – 1772182800
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Tweezers Top – – –