Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1945.08 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1996.04 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2199 |
| 2nd High | 2163.66 |
| Next High | 1996.04 |
| Current Price | 1930.270000000 |
| Next Low | 1929.56 |
| 2nd Low | 1907.41 |
| 3rd Low | 1835.36 |
1996.04 – 2163.66 – 2199 – 1964.34 – 1955.95 – 2054.75 —
1970.100000000 – 1944.970000000 —
47.266639570173 – 36.457417412533 —
– —
1996.04 – 1772852400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –