And also a ‘Double bottom retreat down’ chart formation is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish pattern signal. The pair is likely to go down.
And also a ‘Bearish Engulfing’ candle pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 211.990000000 |
| Next High | 211.970000000 |
| Current Price | 210.140000000 |
| Next Low | 201.090000000 |
| 2nd Low | 200.580000000 |
| 3rd Low | 196.770000000 |
211.970000000 – 211.990000000 – 208.620000000 – 201.090000000 – 203.410000000 – 200.580000000 — 63.211408747259 – 56.855849647789
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –