Moreover a ” indicator layout is discovered. The indicator is ”. this is usually a bearish signal. The currency pair could go down.
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Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Moreover a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 2300.55 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 2404.37 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. this 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 ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.91 |
| 2nd High | 2423.75 |
| Next High | 2404.37 |
| Current Price | 2276.250000000 |
| Next Low | 2309.13 |
| 2nd Low | 2306.72 |
| 3rd Low | 2300.55 |
2404.37 – 2337.68 – 2320.42 – 2309.13 – 2324.19 – 2306.72 —
2322.900000000 – 2316.970000000 —
35.515156796292 – 33.64586098817 —
– —
2404.37 – 1777251600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – – –