Besides 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 signal. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often 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 is expected. Current target is 2.411036 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 2.587 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. 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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.641 |
| Next High | 2.587 |
| Current Price | 2.468000000 |
| Next Low | 2.468 |
| 2nd Low | 2.34 |
| 3rd Low | 2.274 |
2.587 – 2.641 – 2.55 – 2.468 – 2.494 – 2.34 —
2.600000000 – 2.518000000 —
58.611782629888 – 37.931371149691 —
– —
2.587 – 1772704800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –