Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 2113.614 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 2199 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Engulfing’ candle pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3368.82 |
| 2nd High | 3045.78 |
| Next High | 2199 |
| Current Price | 2102.480000000 |
| Next Low | 1916.14 |
| 2nd Low | 1835.36 |
| 3rd Low | 1800 |
2088.19 – 2199 – 2090 – 1916.14 – 1835.36 – 1800 —
2042.260000000 – 2133.300000000 —
52.961006464738 – 63.561921768923 —
– —
2088.19 – 1773158400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – – –