Also there is a ‘Double bottom chart pattern’ chart pattern is discovered. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
Also there is a ‘Hammer’ chart pattern is detected. The candles show ‘Hammer’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.780000000 |
| 2nd High | 25.600000000 |
| Next High | 25.110000000 |
| Current Price | 24.730000000 |
| Next Low | 24.260000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.860000000 |
24.690000000 – 24.730000000 – 24.620000000 – 24.260000000 – 24.380000000 – 24.090000000 — 56.235216947455 – 58.221825520634
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Hammer – Double bottom chart pattern – –