Furthermore a ‘Double bottom chart pattern’ chart layout is discovered. The chart shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 89.04 |
| 2nd High | 87.8 |
| Next High | 86.77 |
| Current Price | 86.030000000 |
| Next Low | 83.68 |
| 2nd Low | 74.66 |
| 3rd Low | 52.71 |
85.97 – 78.53 – 78.18 – 83.68 – 74.66 – 76.94 — 59.98683973827 – 66.073706653715 — 48.215560314061 – 58.941092496956 – 38.778415744279 – 48.462582749017
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –