Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.2878 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.2906 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candle chart pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.292 |
| Next High | 0.2906 |
| Current Price | 0.289600000 |
| Next Low | 0.2886 |
| 2nd Low | 0.2836 |
| 3rd Low | 0.2833 |
0.2906 – 0.292 – 0.2865 – 0.2886 – 0.2836 – 0.2843 —
0.290000000 – 0.289300000 —
54.091481462129 – 47.593826169043 —
– —
0.2906 – 1773363600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Harami – Rising Wedge Chart Pattern – –