Then a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bearish Engulfing’. which 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 ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.037300000 |
2nd High | 0.037270000 |
Next High | 0.036590000 |
Current Price | 0.036120000 |
Next Low | 0.035830000 |
2nd Low | 0.035810000 |
3rd Low | 0.035590000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing