Also there is a ‘Double bottom chart pattern’ chart formation is found. The chart shows ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
Also there is a ‘Bullish Engulfing’ chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 25.990000000 |
| Current Price | 25.860000000 |
| Next Low | 22.230000000 |
| 2nd Low | 21.440000000 |
| 3rd Low | 20.390000000 |
25.680000000 – 25.990000000 – 24.820000000 – 22.230000000 – 23.180000000 – 22.760000000 — 66.932162398768 – 68.423173223671
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –