Next a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.03032 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 0.03205 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Southern Doji’ candlestick pattern is detected. The chart shows ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03529 |
| 2nd High | 0.03394 |
| Next High | 0.03205 |
| Current Price | 0.030660000 |
| Next Low | 0.03037 |
| 2nd Low | 0.03032 |
| 3rd Low | 0.02982 |
0.03205 – 0.03158 – 0.03149 – 0.03068 – 0.03037 – 0.03038 —
0.031230000 – 0.030880000 —
39.058178761243 – 34.430813103036 —
– —
0.03205 – 1776153600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – Symmetrical Triangle Chart Pattern – –