Bearish Engulfing

Sell EUR/USD – 30M – SELL

The currency pair Euro/US Dollar (EUR/USD) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support at 1.05232 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.06005 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Bearish Engulfing’ candle pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 1.06542
2nd High 1.06070
Next High 1.06005
Current Price 1.05719
Next Low 1.05232
2nd Low 1.05159
3rd Low 1.05118

Download EUR/USD Signal Image

Trading Signals:

Sell XRP/USDT – 1H – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 1.074700000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.186500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 1.269800000
Next High 1.186500000
Current Price 1.076500000
Next Low 1.074700000
2nd Low 1.031500000
3rd Low 1.002600000

Download XRP/USDT Signal Image

Trading Signals:

Sell PEPE/USDT – 1H – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support line at 0.000019590 is likely expected.

Caution: A possible change in the direction of resistance at 0.000022770 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. 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 0.000025970
2nd High 0.000024000
Next High 0.000022770
Current Price 0.000019860
Next Low 0.000019590
2nd Low 0.000019430
3rd Low 0.000018800

Download PEPE/USDT Signal Image

Trading Signals:

Sell ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support at 0.717100000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.783900000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 0.819300000
Next High 0.783900000
Current Price 0.724600000
Next Low 0.717100000
2nd Low 0.696100000
3rd Low 0.541700000

Download ADA/USDT Signal Image

Trading Signals:

Sell FLOKI/USDT – 30M – SELL

The pair Floki/Tether (FLOKI/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 0.000239070 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000254250 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000280000
2nd High 0.000270220
Next High 0.000254250
Current Price 0.000246200
Next Low 0.000239070
2nd Low 0.000234250
3rd Low 0.000232550

Download FLOKI/USDT Signal Image

Trading Signals:

Sell SHIB/USDT – 30M – SELL

The combination Shiba Inu/Tether (SHIB/USDT) moves from the ascending trendline downwards

A bearish trend down to the next support line at 0.000024460 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.000025660 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 2.545052E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000025660 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish pattern 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 Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.000026210
2nd High 0.000025840
Next High 0.000025660
Current Price 0.000024890
Next Low 0.000024460
2nd Low 0.000024020
3rd Low 0.000023260

Download SHIB/USDT Signal Image

Trading Signals:

Sell AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 99.41200 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 100.67900 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 101.27700
2nd High 101.19300
Next High 100.67900
Current Price 99.78900
Next Low 99.41200
2nd Low 99.08000
3rd Low 98.34100

Download AUD/JPY Signal Image

Trading Signals:

Sell EUR/JPY – 1H – SELL

The combination Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline down.

The bearish trend downwards to the next support level at 162.26000 is expected.

Caution: A possible change in the direction of resistance at 163.97400 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 162.26 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 163.97400 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 166.09600
2nd High 165.02900
Next High 163.97400
Current Price 162.32400
Next Low 162.26000
2nd Low 161.99400
3rd Low 161.84300

Download EUR/JPY Signal Image

Trading Signals:

Sell USD/CAD – 30M – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 1.40040 is considered certain.

Caution: A possible change in the direction of the resistance level at 1.41023 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 1.41054
Next High 1.41023
Current Price 1.40022
Next Low 1.40040
2nd Low 1.39932
3rd Low 1.39304

Download USD/CAD Signal Image

Trading Signals:

Sell XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.

A descending movement downwards to the next support level at 1.074700000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.148000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is found. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. 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’ heading down is 79%.

Support & Resistance Price Range*
3rd High 1.186500000
2nd High 1.175800000
Next High 1.148000000
Current Price 1.097300000
Next Low 1.074700000
2nd Low 1.031500000
3rd Low 1.002600000

Download XRP/USDT Signal Image

Trading Signals:

Sell BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 0.010138000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.010713000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Engulfing’ candle chart pattern is existing. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.011250000
2nd High 0.011167000
Next High 0.010713000
Current Price 0.010254000
Next Low 0.010138000
2nd Low 0.010067000
3rd Low 0.009380000

Download BOME/USDT Signal Image

Trading Signals:

Sell USD/CHF – 30M – SELL

The combination US Dollar/Swiss Franc (USD/CHF) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.88202 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.88815 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.88997
2nd High 0.88872
Next High 0.88815
Current Price 0.88268
Next Low 0.88202
2nd Low 0.87971
3rd Low 0.87510

Download USD/CHF Signal Image

Trading Signals:

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