And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.940072 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.998 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Bearish Harami’ candle chart pattern is detected. The candles form ‘Bearish Harami’. which 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 ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.025 |
| 2nd High | 1.018 |
| Next High | 0.998 |
| Current Price | 0.960000000 |
| Next Low | 0.923 |
| 2nd Low | 0.916 |
| 3rd Low | 0.906 |
0.998 – 1.018 – 1.007 – 0.923 – 0.958 – 0.939 —
0.946000000 – 0.959000000 —
45.999760894887 – 59.812921738524 —
– —
0.998 – 1773878400
Trading Signals: CRYPTO – APT – APT/USDT – USDT – Bearish Harami – – –