Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.482 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.547 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘On Neck’ candlestick chart pattern is existing. The chart shows ‘On Neck’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.567 |
| 2nd High | 1.556 |
| Next High | 1.547 |
| Current Price | 1.493000000 |
| Next Low | 1.482 |
| 2nd Low | 1.473 |
| 3rd Low | 1.458 |
1.547 – 1.556 – 1.555 – 1.511 – 1.482 – 1.508 —
1.543000000 – 1.514000000 —
51.367261399216 – 44.050707537843 —
– —
1.547 – 1772782200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – On Neck – – –