Then a ‘Double bottom retreat down’ chart layout is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.
Then a ‘Last Engulfing Top’ candlestick pattern is discovered. The candles show ‘Last Engulfing Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118792.000000000 |
| Current Price | 118665.970000000 |
| Next Low | 115796.230000000 |
| 2nd Low | 114908.000000000 |
| 3rd Low | 114723.160000000 |
118792.000000000 – 118481.810000000 – 119273.360000000 – 115796.230000000 – 117358.840000000 – 116950.750000000 — 66.406160849323 – 61.510059877662
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – Double bottom retreat down –