Moreover a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 123218.000000000 |
| Current Price | 118452.510000000 |
| Next Low | 115736.920000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
118490.710000000 – 123218.000000000 – 118200.000000000 – 115736.920000000 – 116900.050000000 – 116604.870000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Bearish Engulfing – Double bottom retreat down