Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 3.453 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 3.453 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.672 |
| 2nd High | 3.582 |
| Next High | 3.453 |
| Current Price | 3.397000000 |
| Next Low | 3.105 |
| 2nd Low | 3 |
| 3rd Low | 2.845 |
3.453 – 3.328 – 3.362 – 3.105 – 3.175 – 3.208 —
3.335000000 – 3.399000000 —
54.860483071482 – 61.694935740097 —
– —
3.453 – 1777867200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –