Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.02952 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.03024 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Harami’ chart pattern is found. The chart forms ‘Bearish Harami’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03087 |
| 2nd High | 0.03029 |
| Next High | 0.03024 |
| Current Price | 0.029670000 |
| Next Low | 0.029520000 |
| 2nd Low | |
| 3rd Low |
0.03024 – 0.02987 – 0.03029 – 0.029520000 – 0.0299 – 0.02965 —
0.029680000 – 0.029780000 —
26.871224548019 – 38.193921657845 —
0.029520000 – 1777489200 —
0.03024 – 1777435200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Harami – – –