Next a ‘Double bottom retreat down’ chart pattern is existing. The chart shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
Next a ‘Last Engulfing Top’ chart pattern is found. The candles form ‘Last Engulfing Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00085 |
| 2nd High | 0.00083 |
| Next High | 0.00075 |
| Current Price | 0.000746000 |
| Next Low | 0.000708000 |
| 2nd Low | 0.00067 |
| 3rd Low | 0.00065 |
0.00075 – 0.00071 – 0.0007 – 0.000708000 – 0.00067 – 0.00065 — 62.080605556763 – 58.121582931791 — 91.306751433902 – 91.927656797977 – 87.709252801094 – 91.513719888594
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top – Double bottom retreat down – –