Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1680.77 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1779.9 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2141.98 |
| 2nd High | 1849.54 |
| Next High | 1779.9 |
| Current Price | 1751.780000000 |
| Next Low | 1548.37 |
| 2nd Low | 1512 |
| 3rd Low | 1414.77 |
1637.58 – 1611.02 – 1779.9 – 1548.37 – 1512 – 1671.79 —
1780.750000000 – 1784.790000000 —
64.980648503729 – 62.5196437747 —
– —
1637.58 – 1782748800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –