Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.029245 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.02969 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0298 |
| 2nd High | 0.02972 |
| Next High | 0.02969 |
| Current Price | 0.029380000 |
| Next Low | 0.02919 |
| 2nd Low | 0.0288 |
| 3rd Low | 0.02877 |
0.02969 – 0.02908 – 0.0293 – 0.02919 – 0.02935 – 0.0288 —
0.029440000 – 0.029550000 —
54.191793181086 – 56.008143667518 —
– —
0.02969 – 1773036000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –