And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. 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 will persist. Current target is 2.13 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 2.246 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.36 |
| 2nd High | 2.283 |
| Next High | 2.246 |
| Current Price | 2.183000000 |
| Next Low | 2.104 |
| 2nd Low | 2.015 |
| 3rd Low | 2.014 |
2.246 – 2.139 – 2.112 – 2.104 – 2.015 – 2.014 —
2.182000000 – 2.197000000 —
53.795943245682 – 60.840424395547 —
– —
2.246 – 1771984800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – – –