Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.
Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. 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’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78581.93 |
| 2nd High | 78479.37 |
| Next High | 77885.35 |
| Current Price | 77324.870000000 |
| Next Low | 77264.08 |
| 2nd Low | 76960 |
| 3rd Low | 74821.57 |
77885.35 – 77711.87 – 78479.37 – 77450 – 77264.08 – 77402.01 —
77611.630000000 – 77454.310000000 —
46.325389678231 – 40.68748168221 —
– —
77885.35 – 1777113000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Engulfing – – –