Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.190864 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.196 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ chart pattern is detected. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The 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 | 0.2 |
| 2nd High | 0.197 |
| Next High | 0.196 |
| Current Price | 0.194000000 |
| Next Low | 0.185 |
| 2nd Low | 0.18 |
| 3rd Low | 0.172 |
0.194 – 0.196 – 0.193 – 0.185 – 0.19 – 0.18 —
0.194000000 – 0.195000000 —
58.293954769377 – 65.101393217919 —
– —
0.194 – 1780153200
Trading Signals: CRYPTO – WIF – WIF/USDT – USDT – Bearish Harami – – –