In addition a ‘Double bottom chart pattern’ chart layout is detected. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
In addition a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 22.660000000 |
| Current Price | 21.820000000 |
| Next Low | 20.990000000 |
| 2nd Low | 20.180000000 |
| 3rd Low | 17.690000000 |
21.800000000 – 21.080000000 – 21.530000000 – 20.990000000 – 20.180000000 – 20.320000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern