In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.3415 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.393 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Harami’ chart pattern is existing. The candles show ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. 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 | 1.429 |
| 2nd High | 1.412 |
| Next High | 1.393 |
| Current Price | 1.368000000 |
| Next Low | 1.293 |
| 2nd Low | 1.29 |
| 3rd Low | 1.286 |
1.393 – 1.338 – 1.331 – 1.293 – 1.295 – 1.293 —
1.382000000 – 1.370000000 —
62.22206366188 – 49.207397485556 —
– —
1.393 – 1778290200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami – – –