Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.2645 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.304 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.368 |
| 2nd High | 1.345 |
| Next High | 1.304 |
| Current Price | 1.279000000 |
| Next Low | 1.249 |
| 2nd Low | 1.225 |
| 3rd Low | 1.101 |
1.304 – 1.281 – 1.297 – 1.249 – 1.225 – 1.228 —
1.274000000 – 1.285000000 —
44.853690830983 – 55.700997496591 —
– —
1.304 – 1770894000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –