And also a ‘Double bottom retreat down’ chart pattern is detected. The chart picture forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to go down.
And also a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4887.590000000 |
| Next High | 4817.400000000 |
| Current Price | 4813.040000000 |
| Next Low | 4720.000000000 |
| 2nd Low | 4690.720000000 |
| 3rd Low | 4659.700000000 |
4817.400000000 – 4768.900000000 – 4887.590000000 – 4720.000000000 – 4690.720000000 – 4659.700000000 — 78.252802033126 – 48.669485949245
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –