And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1740.47616 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1828 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1839.77 |
| 2nd High | 1833.4 |
| Next High | 1828 |
| Current Price | 1761.680000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1828 – 1812 – 1762.36 – 1731.99 – 1721.93 – 1713.44 —
1783.540000000 – 1775.260000000 —
36.917845490233 – 45.016650886694 —
– —
1828 – 1783782000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –