Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.000455 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00049 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.0005 |
| Next High | 0.00049 |
| Current Price | 0.000467000 |
| Next Low | 0.00045 |
| 2nd Low | 0.00042 |
| 3rd Low | 0.0004 |
0.00047 – 0.00049 – 0.00047 – 0.00045 – 0.00045 – 0.00045 —
0.000472000 – 0.000477000 —
59.055731380003 – 62.910137352002 —
– —
0.00047 – 1781598900
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –