Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 3.252068 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 3.453 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.582 |
| 2nd High | 3.479 |
| Next High | 3.453 |
| Current Price | 3.306000000 |
| Next Low | 3.21 |
| 2nd Low | 3.208 |
| 3rd Low | 3.193 |
3.453 – 3.267 – 3.28 – 3.21 – 3.208 – 3.193 —
3.397000000 – 3.330000000 —
64.217358571365 – 50.890200293257 —
– —
3.453 – 1777869000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – – –