Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.000445 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.00047 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candle pattern is discovered. The candles show ‘Bearish Harami’. this 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 ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00049 |
| 2nd High | 0.00048 |
| Next High | 0.00047 |
| Current Price | 0.000455000 |
| Next Low | 0.00043 |
| 2nd Low | 0.00042 |
| 3rd Low | 0.0004 |
0.00047 – 0.00044 – 0.00044 – 0.00043 – 0.00043 – 0.00042 —
0.000464000 – 0.000451000 —
57.565783269919 – 54.782371306607 —
– —
0.00047 – 1782054000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Harami – – –