Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 77211.59 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 78914.12 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 78914.12 |
| Current Price | 78171.850000000 |
| Next Low | 74937.52 |
| 2nd Low | 74821.57 |
| 3rd Low | 73724.31 |
78914.12 – 76669.14 – 77904.93 – 74937.52 – 75666.6 – 76459.64 —
78485.530000000 – 78754.550000000 —
58.595239805171 – 56.966721652301 —
– —
78914.12 – 1777640400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –