And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. 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 certain. Current target is 649.115 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 663.93 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Harami’ chart pattern is found. The chart forms ‘Bearish Harami’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 783.57 |
| 2nd High | 689.37 |
| Next High | 663.93 |
| Current Price | 656.290000000 |
| Next Low | 646.33 |
| 2nd Low | 636.1 |
| 3rd Low | 634.3 |
663.93 – 656 – 647.19 – 646.33 – 636.1 – 634.3 —
659.000000000 – 656.650000000 —
57.576474536832 – 47.08913190992 —
– —
663.93 – 1779570000
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Bearish Harami – – –