Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2.342084 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 2.601 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover 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 | 2.904 |
| 2nd High | 2.624 |
| Next High | 2.601 |
| Current Price | 2.407000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.601 – 2.596 – 2.559 – 2.506 – 2.401 – 2.39 —
2.502000000 – 2.466000000 —
38.473096140777 – 32.911816228449 —
– —
2.601 – 1781528400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – – –