Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 2247.45026 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 2346.95 could happen.
Consider stop-loss settings accordingly.
Then a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2346.95 |
| Current Price | 2274.140000000 |
| Next Low | 2252.42 |
| 2nd Low | 2245.82 |
| 3rd Low | 2231.64 |
2275.13 – 2279 – 2346.95 – 2252.42 – 2245.82 – 2231.64 —
2268.000000000 – 2286.660000000 —
56.202242337682 – 65.907920351891 —
– —
2275.13 – 1777563000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –