And also a ‘Double bottom chart pattern’ chart pattern is found. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 22.660000000 |
| Current Price | 21.860000000 |
| 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 – Northern Doji – Double bottom chart pattern