Then a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.037190000 |
2nd High | 0.036280000 |
Next High | 0.035630000 |
Current Price | 0.034880000 |
Next Low | 0.034620000 |
2nd Low | 0.034120000 |
3rd Low | 0.034070000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bullish Engulfing