Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.43062 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.467 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.467 |
| Current Price | 1.452000000 |
| Next Low | 1.37 |
| 2nd Low | 1.325 |
| 3rd Low | 1.297 |
1.467 – 1.419 – 1.365 – 1.37 – 1.325 – 1.297 —
1.461000000 – 1.466000000 —
55.61059321362 – 61.883042626317 —
– —
1.467 – 1773781200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Outside Down – – –