ETH/USDT – 30M – SELLFurthermore a ‘Double bottom retreat down’ chart layout is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. which is a negative signal. The 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 | 4343.030000000 |
| 2nd High | 4315.350000000 |
| Next High | 4311.230000000 |
| Current Price | 4306.190000000 |
| Next Low | 4270.810000000 |
| 2nd Low | 4236.000000000 |
| 3rd Low | 4210.610000000 |
4311.230000000 – 4315.350000000 – 4343.030000000 – 4270.810000000 – 4276.760000000 – 4236.000000000 — 67.270299957564 – 54.759396629662
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –