Additionally a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will continue. Current target is 0.02943272 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.029480000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Concealing Baby Swallow’ candlestick pattern is found. The chart forms ‘Concealing Baby Swallow’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.02981 |
| Next High | 0.029480000 |
| Current Price | 0.029370000 |
| Next Low | 0.02933 |
| 2nd Low | 0.02929 |
| 3rd Low | 0.02923 |
0.029480000 – 0.02981 – 0.02966 – 0.02933 – 0.02944 – 0.02941 —
0.029480000 – 0.029420000 —
46.051885851326 – 42.312718367059 —
0.029480000 – 1777946400 —
– 1777946400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Concealing Baby Swallow – – –