And also a ‘Double bottom chart pattern’ chart formation is existing. The chart shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Below The Stomach’ candlestick chart pattern is detected. The candles form ‘Below The Stomach’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001977000 |
| Current Price | 0.001864000 |
| Next Low | 0.001778000 |
| 2nd Low | 0.001761000 |
| 3rd Low | 0.001694000 |
0.001860000 – 0.001859000 – 0.001977000 – 0.001778000 – 0.001761000 – 0.001694000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Below The Stomach – Double bottom chart pattern