And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.94 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.982 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.047 |
| 2nd High | 1.043 |
| Next High | 0.982 |
| Current Price | 0.957000000 |
| Next Low | 0.94 |
| 2nd Low | 0.935 |
| 3rd Low | 0.903 |
0.982 – 1.043 – 1.037 – 0.94 – 0.967 – 0.986 —
0.978000000 – 0.965000000 —
55.297340982691 – 44.451443746881 —
– —
0.982 – 1781834400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Down – – –