And also a ‘Double bottom chart pattern’ chart formation is found. The chart shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
And also a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles form ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.855900000 |
| Next High | 0.809900000 |
| Current Price | 0.807000000 |
| Next Low | 0.775900000 |
| 2nd Low | 0.734000000 |
| 3rd Low | 0.710700000 |
0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 57.609614149512 – 59.874356948582
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –