Next a ‘Double bottom retreat down’ chart pattern is discovered. The chart forms ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.
Next a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. which is often a bearish chart scenario. The pair is likely to go down.
Next a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.202000000 |
| 2nd High | 4.136000000 |
| Next High | 4.131000000 |
| Current Price | 4.124000000 |
| Next Low | 4.084000000 |
| 2nd Low | 3.900000000 |
| 3rd Low | 3.863000000 |
4.131000000 – 4.077000000 – 4.136000000 – 4.084000000 – 3.900000000 – 3.863000000 — 49.563689108097 – 45.455944521427
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double bottom retreat down –