Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 3.905 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 4.095 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.095 |
| Current Price | 3.994000000 |
| Next Low | 3.946 |
| 2nd Low | 3.939 |
| 3rd Low | 3.75 |
4.095 – 4.089 – 4.082 – 3.946 – 3.939 – 3.75 —
4.087000000 – 4.005000000 —
45.086152804366 – 47.019313131349 —
– —
4.095 – 1772721000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –