Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.204 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.416 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.455 |
| Next High | 1.416 |
| Current Price | 1.313000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.416 – 1.455 – 1.211 – 1.318 – 1.112 – 1.028 —
1.411000000 – 1.359000000 —
58.295221445194 – 47.48599996587 —
– —
1.416 – 1772593200
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – – –