BTC/USDT – 1H – SELLThen a ‘Head and Shoulder chart pattern’ chart layout is detected. The chart forms ‘Head and Shoulder chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
Then a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110530.170000000 |
| 2nd High | 110529.180000000 |
| Next High | 109700.000000000 |
| Current Price | 108263.830000000 |
| Next Low | 107245.000000000 |
| 2nd Low | 106733.330000000 |
| 3rd Low | 106356.760000000 |
109700.000000000 – 110529.180000000 – 108789.990000000 – 107245.000000000 – 106733.330000000 – 107250.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Bearish Harami – Head and Shoulder chart pattern