Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.03577 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 0.037270000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.038320000 |
2nd High | 0.037300000 |
Next High | 0.037270000 |
Current Price | 0.036220000 |
Next Low | 0.035770000 |
2nd Low | 0.035240000 |
3rd Low | 0.034110000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows