Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2039.30974 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2147.73 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2295.74 |
| 2nd High | 2152.03 |
| Next High | 2147.73 |
| Current Price | 2064.960000000 |
| Next Low | 2008.62 |
| 2nd Low | 1866.13 |
| 3rd Low | 1747.8 |
2147.73 – 2152.03 – 2145.26 – 2008.62 – 2055.01 – 2072.8 —
2122.470000000 – 2111.690000000 —
56.51199583514 – 54.063318873408 —
– —
2147.73 – 1770667200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –