Next a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Next a ‘Last Engulfing Top’ candle pattern is discovered. The chart shows ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117429.050000000 |
| Next High | 115666.680000000 |
| Current Price | 114400.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
115666.680000000 – 117429.050000000 – 113525.000000000 – 114560.000000000 – 115458.200000000 – 111684.790000000 — 41.499878054813 – 34.336694702576
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – Double top chart pattern – –