Additionally a ‘Double bottom retreat down’ chart formation is discovered. The chart shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
Additionally a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The currency pair is likely to fall.
Additionally a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119450.000000000 |
| Current Price | 119415.550000000 |
| Next Low | 114723.160000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 71.989513276351 – 69.661701552772
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami – Double bottom retreat down –