Moreover a ‘Bearish Engulfing’ candle pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.036590000 |
2nd High | 0.036340000 |
Next High | 0.036040000 |
Current Price | 0.035680000 |
Next Low | 0.035400000 |
2nd Low | 0.035380000 |
3rd Low | 0.034620000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing