And also a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 66563 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 70096 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 70126.67 |
| Next High | 70096 |
| Current Price | 68377.940000000 |
| Next Low | 65259.21 |
| 2nd Low | 65056 |
| 3rd Low | 63030 |
70096 – 68199.99 – 68216.8 – 65259.21 – 65056 – 63030 —
69268.150000000 – 69258.080000000 —
65.264044757302 – 59.055215536091 —
– —
70096 – 1772467200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –