Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.
Moreover a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.19612 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.229 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.275 |
| 2nd High | 1.259 |
| Next High | 1.229 |
| Current Price | 1.208000000 |
| Next Low | 1.195 |
| 2nd Low | 1.193 |
| 3rd Low | 1.179 |
1.229 – 1.219 – 1.259 – 1.195 – 1.193 – 1.179 —
1.216000000 – 1.229000000 —
54.47229856998 – 55.603946844008 —
– —
1.229 – 1777644000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –