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 2.92 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 2.996 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Harami’ chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.115 |
| 2nd High | 3.065 |
| Next High | 2.996 |
| Current Price | 2.976000000 |
| Next Low | 2.868 |
| 2nd Low | 2.775 |
| 3rd Low | 2.725 |
2.996 – 2.978 – 3.065 – 2.868 – 2.881 – 2.899 —
2.960000000 – 2.975000000 —
55.665666270534 – 55.739304244779 —
– —
2.996 – 1782702000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Bearish Harami – – –