BTC/USDT – 1H – SELLBesides a ‘Double bottom retreat down’ chart formation is existing. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Last Engulfing Top’ candle chart pattern is existing. The candles show ‘Last Engulfing Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 120998.710000000 |
| Current Price | 119546.560000000 |
| Next Low | 116128.000000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
119676.730000000 – 118856.800000000 – 118499.900000000 – 116128.000000000 – 116467.020000000 – 117277.340000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Last Engulfing Top – Double bottom retreat down