In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.96537 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 4.082 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 4.082 |
| Current Price | 4.042000000 |
| Next Low | 3.75 |
| 2nd Low | 3.715 |
| 3rd Low | 3.667 |
4.082 – 3.962 – 3.927 – 3.75 – 3.715 – 3.667 —
4.051000000 – 4.089000000 —
61.102273759893 – 62.034081306973 —
– —
4.082 – 1772616600
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Engulfing – – –