Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.02876332 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.0293 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02982 |
| 2nd High | 0.02981 |
| Next High | 0.0293 |
| Current Price | 0.029090000 |
| Next Low | 0.02906 |
| 2nd Low | 0.02889 |
| 3rd Low | 0.02844 |
0.0293 – 0.02981 – 0.02974 – 0.02906 – 0.02906 – 0.02889 —
0.029180000 – 0.029160000 —
45.856026861816 – 44.053087384011 —
– —
0.0293 – 1784239200
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – – –