Also there is a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 68969.4 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 73558.15 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. 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 | 76971.52 |
| 2nd High | 74050 |
| Next High | 73558.15 |
| Current Price | 70393.090000000 |
| Next Low | 67400 |
| 2nd Low | 66158 |
| 3rd Low | 65259.21 |
73558.15 – 74050 – 68909.34 – 70645.47 – 71757.17 – 72313.04 —
71007.830000000 – 71120.170000000 —
41.269790079635 – 42.570747303834 —
– —
73558.15 – 1772706600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –