Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 79416.14014 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 80635.51 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore 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’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 90600 |
| 2nd High | 84621.16 |
| Next High | 80635.51 |
| Current Price | 80114.910000000 |
| Next Low | 78288.88 |
| 2nd Low | 78084.08 |
| 3rd Low | 74937.52 |
80635.51 – 79199.48 – 78914.12 – 78288.88 – 78084.08 – 74937.52 —
79930.000000000 – 80395.680000000 —
61.937559897861 – 61.628727917096 —
– —
80635.51 – 1777867200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami – – –