And also a ‘Double bottom chart pattern’ chart formation is discovered. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
And also a ‘Bullish Engulfing’ chart pattern is found. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111250.01 |
| 2nd High | 107500 |
| Next High | 93092 |
| Current Price | 92078.060000000 |
| Next Low | 83822.76 |
| 2nd Low | 80600 |
| 3rd Low | 74620 |
92000.01 – 93092 – 89228 – 83822.76 – 80600 – 94012.45 — 54.889758737718 – 55.451711646636 — 54.498460297687 – 28.676793788435 – 77.887607513488 – 56.532834030349
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –