And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.02678 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.0274 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02754 |
| 2nd High | 0.02741 |
| Next High | 0.0274 |
| Current Price | 0.026470000 |
| Next Low | 0.02684 |
| 2nd Low | 0.02678 |
| 3rd Low | 0.02676 |
0.0274 – 0.02717 – 0.02707 – 0.02684 – 0.02678 – 0.02681 —
0.027010000 – 0.026890000 —
52.154419399185 – 37.104668246392 —
– —
0.0274 – 1782127800
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –