Then a ‘Double top retreat up’ chart pattern is existing. The chart picture forms ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to go up.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Latter Bottom’ chart pattern is found. The candles form ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3860.000000000 |
| Current Price | 3706.330000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3860.000000000 – 3824.560000000 – 3608.300000000 – 3681.600000000 – 3526.440000000 – 3477.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Latter Bottom – Double top retreat up