Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1946.90148 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 2023.51 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bearish Belt Hold’. 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 ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2107.67 |
| 2nd High | 2103.32 |
| Next High | 2023.51 |
| Current Price | 1985.700000000 |
| Next Low | 1937.24 |
| 2nd Low | 1928.88 |
| 3rd Low | 1897.24 |
2023.51 – 2103.32 – 2107.67 – 1937.24 – 1928.88 – 1897.24 —
1985.680000000 – 2008.050000000 —
45.387165037709 – 51.865749993613 —
– —
2023.51 – 1771246800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –