Then 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 signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.204328 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 1.221 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.259 |
| 2nd High | 1.241 |
| Next High | 1.221 |
| Current Price | 1.208000000 |
| Next Low | 1.204 |
| 2nd Low | 1.195 |
| 3rd Low | 1.193 |
1.221 – 1.241 – 1.213 – 1.204 – 1.195 – 1.198 —
1.217000000 – 1.219000000 —
47.728133039546 – 55.958565209859 —
– —
1.221 – 1777795200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –