Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 3.50326 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 3.974 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.588 |
| 2nd High | 4.294 |
| Next High | 3.974 |
| Current Price | 3.745000000 |
| Next Low | 3.537 |
| 2nd Low | 3.259 |
| 3rd Low | 3.142 |
3.974 – 4.294 – 3.56 – 3.537 – 3.259 – 3.309 —
3.915000000 – 3.801000000 —
61.17830281205 – 50.739896666085 —
– —
3.974 – 1772330400
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Two Crows – – –