Moreover a ‘Double bottom retreat down’ chart formation is discovered. The formation shows ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
Moreover a ‘Bearish Harami’ candle chart pattern is existing. The candles show ‘Bearish Harami’. this 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 Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3480.190000000 |
| Current Price | 3476.870000000 |
| Next Low | 3361.200000000 |
| 2nd Low | 3310.770000000 |
| 3rd Low | 2932.460000000 |
3480.190000000 – 3425.000000000 – 3152.530000000 – 3361.200000000 – 3310.770000000 – 2932.460000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Bearish Harami – Double bottom retreat down