And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.030445 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.03166 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Bearish Harami’ chart pattern is detected. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.03359 |
| Next High | 0.03166 |
| Current Price | 0.030970000 |
| Next Low | 0.03049 |
| 2nd Low | 0.02923 |
| 3rd Low | 0.02912 |
0.03166 – 0.02953 – 0.03002 – 0.03049 – 0.02923 – 0.02927 —
0.030840000 – 0.030950000 —
42.042521103886 – 48.968007433719 —
– —
0.03166 – 1773752400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Harami – Rising Wedge Chart Pattern – –