Then a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.037350000 |
2nd High | 0.037220000 |
Next High | 0.037190000 |
Current Price | 0.036160000 |
Next Low | 0.035930000 |
2nd Low | 0.035580000 |
3rd Low | 0.035400000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing