Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Current target is 0.3488954 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.3508 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish Harami’ candle pattern is existing. The chart shows ‘Bearish Harami’. this is a bearish chart scenario. 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 | |
| 2nd High | |
| Next High | 0.3508 |
| Current Price | 0.350200000 |
| Next Low | 0.3468 |
| 2nd Low | 0.3439 |
| 3rd Low | 0.3419 |
0.3508 – 0.3498 – 0.3473 – 0.3468 – 0.3475 – 0.3439 —
0.350600000 – 0.350100000 —
60.574184340932 – 56.573448870201 —
– —
0.3508 – 1778260500
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Harami – – –