Then a ‘Double bottom retreat down’ chart formation is detected. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
Then a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Then a ‘Bearish Belt Hold’ candlestick pattern is found. The candles show ‘Bearish Belt Hold’. which is a bearish 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 Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2149.75 |
| 2nd High | 2119.46 |
| Next High | 2115 |
| Current Price | 2102.850000000 |
| Next Low | 2064.1 |
| 2nd Low | 2037.22 |
| 3rd Low | 2032.6 |
2115 – 2119.46 – 2093.94 – 2064.1 – 2037.22 – 2032.6 —
2100.180000000 – 2129.490000000 —
53.610060349037 – 57.825148054206 —
– —
2115 – 1770496200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – Double bottom retreat down – –