In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.02933196 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.0301 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. 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 | 0.03033 |
| 2nd High | 0.03018 |
| Next High | 0.0301 |
| Current Price | 0.029430000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.0301 – 0.03018 – 0.02946 – 0.02925 – 0.02927 – 0.02975 —
0.029470000 – 0.029730000 —
50.676492322394 – 55.384511038634 —
– —
0.0301 – 1772373600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –