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 3.039 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 3.131 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Harami’ candlestick chart pattern is detected. The chart shows ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.22 |
| 2nd High | 3.133 |
| Next High | 3.131 |
| Current Price | 3.067000000 |
| Next Low | 2.952 |
| 2nd Low | 2.947 |
| 3rd Low | 2.92 |
3.131 – 3.068 – 3.032 – 2.952 – 2.947 – 3.011 —
3.016000000 – 3.059000000 —
43.807026964543 – 54.624042930211 —
– —
3.131 – 1782055800
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Harami – – –