Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.09085 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 0.09454 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10158 |
| 2nd High | 0.10129 |
| Next High | 0.09454 |
| Current Price | 0.091930000 |
| Next Low | 0.09085 |
| 2nd Low | 0.09069 |
| 3rd Low | 0.0905 |
0.09454 – 0.10129 – 0.10158 – 0.09085 – 0.0978 – 0.0991 —
0.094500000 – 0.093790000 —
49.531161668904 – 46.844353252665 —
– —
0.09454 – 1780468200
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Three Black Crows – – –