Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1946.90148 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 2103.32 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The 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 | 2147.73 |
| 2nd High | 2107.67 |
| Next High | 2103.32 |
| Current Price | 1971.300000000 |
| Next Low | 1924.72 |
| 2nd Low | 1897.24 |
| 3rd Low | 1866.13 |
2103.32 – 2098.89 – 2107.67 – 2030.9 – 1924.72 – 1897.24 —
2028.340000000 – 2010.180000000 —
23.000645800913 – 29.754725017636 —
– —
2103.32 – 1771140600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –