Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.50326 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 3.974 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Matching Low’ candle chart pattern is detected. The candles form ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 3.974 |
| Current Price | 3.741000000 |
| Next Low | 3.537 |
| 2nd Low | 3.259 |
| 3rd Low | 3.142 |
3.974 – 3.771 – 3.83 – 3.537 – 3.672 – 3.855 —
3.758000000 – 3.831000000 —
38.661608154444 – 47.043459875604 —
– —
3.974 – 1772330400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – – –