Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00059416 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.00064 could occur.
Consider stop-loss settings accordingly.
Next a ‘Bearish Harami’ candlestick chart pattern is existing. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0007 |
| 2nd High | 0.00066 |
| Next High | 0.00064 |
| Current Price | 0.000607000 |
| Next Low | 0.00058 |
| 2nd Low | 0.00057 |
| 3rd Low | 0.00054 |
0.00064 – 0.00062 – 0.00061 – 0.00062 – 0.00058 – 0.00058 —
0.000618000 – 0.000610000 —
43.186484303772 – 32.867897371452 —
– —
0.00064 – 1778265000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami – – –