Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 1945.08 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 1996.04 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2199 |
| 2nd High | 2163.66 |
| Next High | 1996.04 |
| Current Price | 1936.870000000 |
| Next Low | 1929.56 |
| 2nd Low | 1907.41 |
| 3rd Low | 1835.36 |
1996.04 – 2163.66 – 2199 – 1964.34 – 1955.95 – 2054.75 —
1960.410000000 – 1950.580000000 —
42.129326363729 – 40.207103908391 —
– —
1996.04 – 1772852400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – – –