Moreover a ‘Double bottom retreat down’ chart layout is discovered. The chart shows ‘Double bottom retreat down’. which is a bearish pattern signal. The pair is likely to go down.
Moreover a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 3071.37 |
| Next High | 3044.44 |
| Current Price | 3030.610000000 |
| Next Low | 2994.36 |
| 2nd Low | 2985.78 |
| 3rd Low | 2888.69 |
3044.44 – 3071.37 – 3045 – 2994.36 – 2985.78 – 3004.61 — 63.434923503809 – 50.523609612438 — 79.115238586604 – 63.393790266037 – 83.396171501898 – 74.467859930415
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Last Engulfing Bottom: – Double bottom retreat down – –