Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 2.13002 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 2.279 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Bearish Harami’ chart pattern is existing. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.389 |
| 2nd High | 2.301 |
| Next High | 2.279 |
| Current Price | 2.168000000 |
| Next Low | 2.099 |
| 2nd Low | 2.084 |
| 3rd Low | 2.063 |
2.279 – 2.227 – 2.197 – 2.099 – 2.119 – 2.084 —
2.125000000 – 2.136000000 —
30.886356675913 – 43.301092454728 —
– —
2.279 – 1782034200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Bearish Harami – – –