Next a ‘Double bottom chart pattern’ chart layout is existing. The chart forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
Next a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
Next a ‘Latter Bottom’ candle chart pattern is detected. The candles show ‘Latter Bottom’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123218.000000000 |
| 2nd High | 120998.710000000 |
| Next High | 120247.800000000 |
| Current Price | 119526.130000000 |
| Next Low | 114723.160000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
119450.000000000 – 119273.360000000 – 120247.800000000 – 114723.160000000 – 117103.100000000 – 117301.000000000 — 60.770696541225 – 65.341453362977
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Latter Bottom – Double bottom chart pattern –