Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.1425 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 2.182 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.242 |
| 2nd High | 2.19 |
| Next High | 2.182 |
| Current Price | 2.154000000 |
| Next Low | 2.123 |
| 2nd Low | 2.095 |
| 3rd Low | 2.087 |
2.157 – 2.146 – 2.182 – 2.123 – 2.095 – 2.111 —
2.158000000 – 2.178000000 —
60.506579149363 – 66.839266685287 —
– —
2.157 – 1784307600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – – –