Then 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 signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00054 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00057 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Evening Star’ chart pattern is detected. The candles form ‘Evening Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0006 |
| 2nd High | 0.00058 |
| Next High | 0.00057 |
| Current Price | 0.000551000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00051 |
| 3rd Low | 0.0005 |
0.00057 – 0.00053 – 0.00054 – 0.00052 – 0.00053 – 0.00053 —
0.000535000 – 0.000556000 —
49.009244576754 – 66.177131478262 —
– —
0.00057 – 1777748400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Evening Star – – –