Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 650.44932 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 661.160000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 679 |
| Next High | 661.160000000 |
| Current Price | 660.020000000 |
| Next Low | 650.11 |
| 2nd Low | 645.64 |
| 3rd Low | 641.63 |
661.160000000 – 654.98 – 658.27 – 650.11 – 652.52 – 645.64 —
661.160000000 – 659.200000000 —
63.616544659071 – 58.554553050245 —
661.160000000 – 1773543600 —
– 1773543600
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Harami – – –