Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.07092 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.07525 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Harami’ chart pattern is discovered. The chart shows ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0756 |
| 2nd High | 0.07538 |
| Next High | 0.07525 |
| Current Price | 0.071690000 |
| Next Low | 0.07092 |
| 2nd Low | 0.06952 |
| 3rd Low |
0.07525 – 0.07538 – 0.07417 – 0.07263 – 0.07336 – 0.07092 —
0.073340000 – 0.072290000 —
37.289043782429 – 31.175246988327 —
– —
0.07525 – 1784120400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Bearish Harami – – –