There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.517248 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 2.737 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two Crows’. 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.847 |
| 2nd High | 2.792 |
| Next High | 2.737 |
| Current Price | 2.546000000 |
| Next Low | 2.34 |
| 2nd Low | 2.274 |
| 3rd Low | 2.015 |
2.55 – 2.432 – 2.547 – 2.34 – 2.357 – 2.341 —
2.565000000 – 2.641000000 —
73.658830075128 – 73.191490671151 —
– —
2.55 – 1772467200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – – –