In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 2110 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 2295.74 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2359.88 |
| 2nd High | 2343.82 |
| Next High | 2295.74 |
| Current Price | 2137.910000000 |
| Next Low | 2110 |
| 2nd Low | 1731.7 |
| 3rd Low | 1606.01 |
2295.74 – 2343.82 – 2359.88 – 2110 – 2262.15 – 2284.48 —
2267.320000000 – 2197.260000000 —
46.997278024081 – 33.334519959672 —
– —
2295.74 – 1770175800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –