In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
In addition a ‘StochOSC Bearish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Bearish Divergence’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.827326 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.846 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Matching Low’ candle pattern is detected. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.913 |
| 2nd High | 0.899 |
| Next High | 0.846 |
| Current Price | 0.855000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.846 – 0.899 – 0.893 – 0.822 – 0.804 – 0.842 —
0.855000000 – 0.863000000 —
57.187097847414 – 59.60634707748 —
– —
0.846 – 1782459000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –