Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 75572.54574 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 76473.26 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78265.34 |
| 2nd High | 77904.93 |
| Next High | 76473.26 |
| Current Price | 76261.030000000 |
| Next Low | 75323.65 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
76473.26 – 77904.93 – 77455.71 – 75323.65 – 74937.52 – 76187.75 —
76500.000000000 – 76653.600000000 —
59.235807210551 – 59.671676517537 —
– —
76473.26 – 1777512600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –