Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1841.84984 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1935.52 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1995.56 |
| 2nd High | 1983.13 |
| Next High | 1935.52 |
| Current Price | 1885.050000000 |
| Next Low | 1800 |
| 2nd Low | 1747.8 |
| 3rd Low | 1606.01 |
1935.52 – 1983.13 – 1995.56 – 1800 – 1847.46 – 1922.97 —
1858.570000000 – 1914.350000000 —
51.296684294704 – 65.410166032508 —
– —
1935.52 – 1771851600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –