And also a ‘Double bottom chart pattern’ chart layout is existing. The chart shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.
And also a ‘Shooting Star’ candlestick pattern is detected. The candles show ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 115590.630000000 |
| Next Low | 107429.570000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106900.020000000 |
108525.000000000 – 109700.000000000 – 108279.330000000 – 107429.570000000 – 107513.200000000 – 107245.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Shooting Star – Double bottom chart pattern