Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.02912828 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.0301 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03033 |
| 2nd High | 0.03018 |
| Next High | 0.0301 |
| Current Price | 0.029360000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0301 – 0.03018 – 0.03033 – 0.02927 – 0.02903 – 0.02967 —
0.029390000 – 0.029570000 —
37.090813765697 – 44.128589894418 —
– —
0.0301 – 1772373600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Belt Hold – – –