Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. 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 expected. Current target is 2060.35 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 2144.2 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency 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 | 2295.74 |
| 2nd High | 2199 |
| Next High | 2144.2 |
| Current Price | 2132.000000000 |
| Next Low | 1945.08 |
| 2nd Low | 1929.56 |
| 3rd Low | 1921.7 |
2144.2 – 2199 – 2001.63 – 1945.08 – 1929.56 – 1939.1 —
2126.430000000 – 2159.310000000 —
42.302058711 – 58.541918784028 —
– —
2144.2 – 1772685000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –