Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative 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 expected. Current target is 3.039 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 3.096 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.133 |
| 2nd High | 3.131 |
| Next High | 3.096 |
| Current Price | 3.042000000 |
| Next Low | 2.963 |
| 2nd Low | 2.952 |
| 3rd Low | 2.947 |
3.096 – 3.131 – 3.068 – 2.963 – 2.952 – 2.947 —
3.059000000 – 3.104000000 —
60.490008131056 – 54.652860180304 —
– —
3.096 – 1782090000
Trading Signals: CRYPTO – UNI – UNI/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –