Then a ‘Bearish Engulfing’ candle chart pattern is found. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | 0.037190000 |
2nd High | 0.036280000 |
Next High | 0.035630000 |
Current Price | 0.034720000 |
Next Low | 0.034520000 |
2nd Low | 0.034120000 |
3rd Low | 0.034070000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Bearish Engulfing