Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.317636 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 2.624 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.201 |
| 2nd High | 2.904 |
| Next High | 2.624 |
| Current Price | 2.402000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.624 – 2.473 – 2.316 – 2.255 – 2.238 – 2.223 —
2.499000000 – 2.439000000 —
45.217853384124 – 36.595316314056 —
– —
2.624 – 1781377200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –