Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.88 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 1.948 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.087 |
| 2nd High | 2.085 |
| Next High | 1.948 |
| Current Price | 1.919000000 |
| Next Low | 1.893 |
| 2nd Low | 1.88 |
| 3rd Low | 1.877 |
1.948 – 2.085 – 2.087 – 1.893 – 1.88 – 1.958 —
1.934000000 – 1.937000000 —
44.08988517679 – 49.376116049182 —
– —
1.948 – 1784296800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Matching Low – – –