Then a ‘Double top retreat up’ chart pattern is detected. The chart picture forms ‘Double top retreat up’. which is a bullish pattern signal. The pair is likely to go up.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.019300000 |
| Next High | 0.987800000 |
| Current Price | 0.913300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.987800000 – 0.977700000 – 0.964300000 – 0.904500000 – 0.901100000 – 0.910700000 — 30.424090904024 – 41.055470592143
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – Double top retreat up – –