Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 447.5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 453.2 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 458.2 |
| 2nd High | 454.5 |
| Next High | 453.2 |
| Current Price | 449.200000000 |
| Next Low | 442.4 |
| 2nd Low | 441.8 |
| 3rd Low | 440.5 |
447.5 – 448.8 – 447.6 – 442.4 – 444.4 – 450 —
443.400000000 – 450.100000000 —
30.63809086551 – 68.650782274761 —
– —
447.5 – 1777816800
Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Two Crows – – –