Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.181 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.206 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. this 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.234 |
| 2nd High | 0.23 |
| Next High | 0.206 |
| Current Price | 0.186000000 |
| Next Low | 0.181 |
| 2nd Low | 0.18 |
| 3rd Low |
0.206 – 0.23 – 0.206 – 0.181 – 0.192 – 0.193 —
0.196000000 – 0.194000000 —
50.814052115596 – 45.043976602947 —
– —
0.206 – 1772330400
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Down – – –