There is also a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00052416 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.00057 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Harami’ candlestick chart pattern is found. The candles form ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0006 |
| 2nd High | 0.00058 |
| Next High | 0.00057 |
| Current Price | 0.000535000 |
| Next Low | 0.00053 |
| 2nd Low | 0.00051 |
| 3rd Low | 0.0005 |
0.00057 – 0.00053 – 0.00054 – 0.00053 – 0.00051 – 0.00051 —
0.000537000 – 0.000539000 —
35.763684665578 – 40.97428847481 —
– —
0.00057 – 1777748400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami – – –