Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3.35209 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 3.566 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.739 |
| 2nd High | 3.694 |
| Next High | 3.566 |
| Current Price | 3.464000000 |
| Next Low | 3.259 |
| 2nd Low | 3.142 |
| 3rd Low | 2.845 |
3.403 – 3.566 – 3.694 – 3.259 – 3.309 – 3.275 —
3.391000000 – 3.560000000 —
48.090271843842 – 68.50249269723 —
– —
3.403 – 1771948800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Double top retreat up – –