Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.181 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.219 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.23 |
| 2nd High | 0.223 |
| Next High | 0.219 |
| Current Price | 0.178000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.219 – 0.223 – 0.223 – 0.207 – 0.194 – 0.185 —
0.187000000 – 0.183000000 —
19.894350245285 – 24.698539477585 —
– —
0.219 – 1772769600
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Three Outside Down – – –