Also there is a ‘Double bottom retreat down’ chart pattern is discovered. The formation shows ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.
Also there is a ‘Last Engulfing Top’ candlestick pattern is discovered. The candles show ‘Last Engulfing Top’. this is a bearish chart scenario. The currency pair is likely to go down. 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 | 114917.100000000 |
| 2nd High | 112937.260000000 |
| Next High | 112371.000000000 |
| Current Price | 111947.210000000 |
| Next Low | 110345.420000000 |
| 2nd Low | 109393.930000000 |
| 3rd Low | 108666.660000000 |
112371.000000000 – 110818.600000000 – 112937.260000000 – 110345.420000000 – 109393.930000000 – 108666.660000000 — 67.655629884108 – 55.716448076937
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Last Engulfing Top – Double bottom retreat down – –