Next a ‘Double top retreat up’ chart layout is existing. The formation shows ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to rise.
Next a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles form ‘Bearish SBS White Lines’. 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 SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 113485.900000000 |
| Next High | 112575.270000000 |
| Current Price | 110634.030000000 |
| Next Low | 110528.710000000 |
| 2nd Low | 108393.390000000 |
| 3rd Low | 107459.490000000 |
112575.270000000 – 111782.210000000 – 109912.400000000 – 110528.710000000 – 108393.390000000 – 107459.490000000 — 37.563994892194 – 40.645980352633
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – Double top retreat up – –