And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 3.804 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 3.967 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.095 |
| 2nd High | 3.998 |
| Next High | 3.967 |
| Current Price | 3.895000000 |
| Next Low | 3.804 |
| 2nd Low | 3.61 |
| 3rd Low | 3.537 |
3.967 – 3.998 – 3.992 – 3.804 – 3.61 – 3.927 —
3.937000000 – 3.936000000 —
54.651075938943 – 56.208021360902 —
– —
3.967 – 1773234000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Matching Low – – –