Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.261 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 2.545 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. 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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.087 |
| 2nd High | 2.937 |
| Next High | 2.545 |
| Current Price | 2.381000000 |
| Next Low | 2.063 |
| 2nd Low | 1.99 |
| 3rd Low | 1.977 |
2.545 – 2.173 – 2.187 – 2.063 – 2.086 – 1.99 —
2.510000000 – 2.466000000 —
65.107954751304 – 45.865038736615 —
– —
2.545 – 1781535600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –