Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.507072 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 2.567 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Inverted Hammer’ chart pattern is detected. The candles form ‘Inverted Hammer’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.609 |
| 2nd High | 2.585 |
| Next High | 2.567 |
| Current Price | 2.490000000 |
| Next Low | 2.483 |
| 2nd Low | 2.477 |
| 3rd Low | 2.366 |
2.567 – 2.585 – 2.563 – 2.532 – 2.483 – 2.491 —
2.500000000 – 2.485000000 —
37.511682933874 – 34.087869033089 —
– —
2.567 – 1781386200
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Inverted Hammer – – –