Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. 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 expected. Target of the current trend is 0.02900948 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.02942 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. 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 | 0.0298 |
| 2nd High | 0.02972 |
| Next High | 0.02942 |
| Current Price | 0.029230000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.02942 – 0.02938 – 0.02972 – 0.02904 – 0.02907 – 0.02879 —
0.029180000 – 0.029400000 —
42.614326823278 – 51.198494997791 —
– —
0.02942 – 1772706600
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern – –