Next a ‘Double bottom retreat down’ chart formation is discovered. The formation shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.
Next a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. 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 ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 869.150000000 |
| 2nd High | 864.060000000 |
| Next High | 857.730000000 |
| Current Price | 856.710000000 |
| Next Low | 844.710000000 |
| 2nd Low | 841.100000000 |
| 3rd Low | 840.710000000 |
857.730000000 – 849.840000000 – 864.060000000 – 844.710000000 – 841.100000000 – 844.360000000 — 67.008119098391 – 61.885516997186
Trading Signals: CRYPTO – BNB – BNB/USDT – USDT – Three Outside Down – Double bottom retreat down – –