There is also a ‘Double bottom chart pattern’ chart formation is detected. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
There is also a ‘Bullish Engulfing’ candlestick pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. 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 | |
| 2nd High | 123218.000000000 |
| Next High | 118490.710000000 |
| Current Price | 118230.870000000 |
| Next Low | 117017.290000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
118195.000000000 – 118490.710000000 – 123218.000000000 – 117017.290000000 – 115736.920000000 – 116250.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Bullish Engulfing – Double bottom chart pattern