Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.029555 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.030690000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Two Crows’ candle pattern is existing. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.030690000 |
| Current Price | 0.029680000 |
| Next Low | 0.02861 |
| 2nd Low | 0.02842 |
| 3rd Low | 0.02469 |
0.030690000 – 0.02977 – 0.02994 – 0.02861 – 0.02877 – 0.02842 —
0.030690000 – 0.030300000 —
79.911898373704 – 70.365963804676 —
0.030690000 – 1772049600 —
– 1772049600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Double top chart pattern – –