And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.029095 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.0293 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Southern Doji’ candlestick chart pattern is existing. The candles form ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02942 |
| 2nd High | 0.02941 |
| Next High | 0.0293 |
| Current Price | 0.029250000 |
| Next Low | 0.0288 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02872 |
0.0293 – 0.02926 – 0.02941 – 0.0288 – 0.02877 – 0.02904 —
0.029620000 – 0.029480000 —
73.962389798142 – 54.139487765241 —
– —
0.0293 – 1772928000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Southern Doji – – –