In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.016 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.066 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. 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 | 1.075 |
| 2nd High | 1.068 |
| Next High | 1.066 |
| Current Price | 1.008000000 |
| Next Low | 1.016 |
| 2nd Low | 0.934 |
| 3rd Low | 0.841 |
1.066 – 1.068 – 1.075 – 1.04 – 1.025 – 1.031 —
1.018000000 – 1.023000000 —
29.232577702628 – 44.397532399865 —
– —
1.066 – 1771426800
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – Double top chart pattern – –