There is also a ‘Double bottom chart pattern’ chart pattern is found. The chart shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern 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 | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 22.660000000 |
| Current Price | 21.300000000 |
| Next Low | 20.720000000 |
| 2nd Low | 17.690000000 |
| 3rd Low | 17.500000000 |
21.220000000 – 18.590000000 – 18.880000000 – 20.720000000 – 17.690000000 – 17.500000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern