Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 1976.37376 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1994.98 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2099.36 |
| 2nd High | 1996.04 |
| Next High | 1994.98 |
| Current Price | 1977.740000000 |
| Next Low | 1916.14 |
| 2nd Low | 1907.41 |
| 3rd Low | 1835.36 |
1971.95 – 1979.8 – 1977.35 – 1916.14 – 1925.06 – 1930 —
1963.200000000 – 2012.700000000 —
55.620918828602 – 62.769833982408 —
– —
1971.95 – 1773001800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –