Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.03283 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.03336 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03462 |
| 2nd High | 0.03395 |
| Next High | 0.03336 |
| Current Price | 0.033080000 |
| Next Low | 0.0323 |
| 2nd Low | 0.03218 |
| 3rd Low | 0.03217 |
0.03336 – 0.03326 – 0.03318 – 0.0323 – 0.03263 – 0.03276 —
0.033170000 – 0.033180000 —
53.283069312115 – 54.114787070883 —
– —
0.03336 – 1769461200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –