Also there is a ‘Double bottom chart pattern’ chart layout is detected. The formation shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Latter Bottom’ candle pattern is discovered. The candles show ‘Latter Bottom’. 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 likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120820.710000000 |
| Next High | 119676.730000000 |
| Current Price | 119787.120000000 |
| Next Low | 117550.000000000 |
| 2nd Low | 116128.000000000 |
| 3rd Low | 115736.920000000 |
117950.000000000 – 119233.710000000 – 119676.730000000 – 117550.000000000 – 116128.000000000 – 116467.020000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Latter Bottom – Double bottom chart pattern