Additionally a ‘Double bottom retreat down’ chart layout is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to fall.
Additionally a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4388.650000000 |
| 2nd High | 4378.000000000 |
| Next High | 4328.370000000 |
| Current Price | 4315.080000000 |
| Next Low | 4204.200000000 |
| 2nd Low | 4106.370000000 |
| 3rd Low | 4060.000000000 |
4328.370000000 – 4378.000000000 – 4242.000000000 – 4204.200000000 – 4106.370000000 – 4060.000000000 — 58.799101428112 – 55.083101337425
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –