There is also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. 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 0.026695 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.0275 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02812 |
| 2nd High | 0.02799 |
| Next High | 0.0275 |
| Current Price | 0.027040000 |
| Next Low | 0.0261 |
| 2nd Low | 0.02589 |
| 3rd Low | 0.02494 |
0.0275 – 0.02644 – 0.0263 – 0.0261 – 0.02589 – 0.02616 —
0.027400000 – 0.027350000 —
79.231820915855 – 65.794301444619 —
– —
0.0275 – 1781537400
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –