Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 3.449 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 3.748 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.76 |
| 2nd High | 3.756 |
| Next High | 3.748 |
| Current Price | 3.512000000 |
| Next Low | 3.449 |
| 2nd Low | 3.229 |
| 3rd Low | 3.13 |
3.748 – 3.756 – 3.76 – 3.574 – 3.449 – 3.575 —
3.621000000 – 3.545000000 —
37.153921944246 – 41.430291547617 —
– —
3.748 – 1784210400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –