Next a ‘Double bottom chart pattern’ chart layout is detected. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
Next a ‘Shooting Star’ candlestick chart pattern is found. The chart forms ‘Shooting Star’. this 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’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.227980000 |
| 2nd High | 0.206720000 |
| Next High | 0.204040000 |
| Current Price | 0.192690000 |
| Next Low | 0.165690000 |
| 2nd Low | 0.161900000 |
| 3rd Low | 0.161280000 |
0.177190000 – 0.172960000 – 0.175420000 – 0.165690000 – 0.161900000 – 0.161280000
Trading Signals: FOREX – DOGE – DOGE/USDT – USDT – Shooting Star – Double bottom chart pattern