Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.02624564 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.02639 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02674 |
| 2nd High | 0.02662 |
| Next High | 0.02639 |
| Current Price | 0.026150000 |
| Next Low | 0.02613 |
| 2nd Low | 0.02494 |
| 3rd Low | 0.02469 |
0.02639 – 0.02662 – 0.02645 – 0.02624 – 0.02613 – 0.02622 —
0.026270000 – 0.026230000 —
41.771224157302 – 33.330987468752 —
– —
0.02639 – 1781251200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish SBS White Lines – – –