Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.00041 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.00043 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00048 |
| 2nd High | 0.00044 |
| Next High | 0.00043 |
| Current Price | 0.000417000 |
| Next Low | 0.00039 |
| 2nd Low | 0.00038 |
| 3rd Low | 0.00037 |
0.00041 – 0.00042 – 0.00042 – 0.00039 – 0.00039 – 0.0004 —
0.000420000 – 0.000423000 —
61.964993971274 – 59.555960942084 —
– —
0.00041 – 1774242000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –