Next a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3.804 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 3.967 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Inside Down’ candlestick pattern is found. The chart shows ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 3.998 |
| Next High | 3.967 |
| Current Price | 3.891000000 |
| Next Low | 3.804 |
| 2nd Low | 3.61 |
| 3rd Low | 3.537 |
3.967 – 3.998 – 3.992 – 3.804 – 3.61 – 3.927 —
3.928000000 – 3.930000000 —
57.466365820139 – 55.554480789425 —
– —
3.967 – 1773234000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –