Furthermore a ‘Inverse Head and Shoulder chart pattern’ chart pattern is existing. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish signal. The pair is likely to go up.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. 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 considered certain. Current target is 0.032525 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.03289 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03289 |
| Current Price | 0.032530000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03289 – 0.03257 – 0.03272 – 0.03244 – 0.03235 – 0.03225 — 55.478145532423 – 41.240096415922 — 40.267238535137 – 26.787088969537 – 36.464816212316 – 36.45760402716
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Inverse Head and Shoulder chart pattern – –