Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.14 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.23 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.24 |
| 2nd High | 1.239 |
| Next High | 1.23 |
| Current Price | 1.150000000 |
| Next Low | 1.140000000 |
| 2nd Low | 1.129 |
| 3rd Low |
1.23 – 1.228 – 1.203 – 1.140000000 – 1.145 – 1.176 —
1.152000000 – 1.167000000 —
32.979691141353 – 52.651578655679 —
1.140000000 – 1775136600 —
1.23 – 1775046600
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – – –