Also there is a ‘Double top chart pattern’ chart layout is discovered. The chart picture forms ‘Double top chart pattern’. which is a negative signal. The pair is likely to go down.
Also there is a ‘Bearish Engulfing’ chart pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117429.050000000 |
| Next High | 115666.680000000 |
| Current Price | 112600.000000000 |
| Next Low | 111684.790000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
115666.680000000 – 117429.050000000 – 113525.000000000 – 114560.000000000 – 115458.200000000 – 111684.790000000 — 51.461865014262 – 19.407929110445
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Engulfing – Double top chart pattern – –