And also a ‘Inverse Head and Shoulder chart pattern’ chart formation is detected. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
And also a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 117429.050000000 |
| Next High | 117286.730000000 |
| Current Price | 116950.470000000 |
| Next Low | 114737.110000000 |
| 2nd Low | 114384.000000000 |
| 3rd Low | 113430.000000000 |
117286.730000000 – 116757.990000000 – 116165.190000000 – 114737.110000000 – 114384.000000000 – 115127.270000000 — 58.020597427372 – 62.006775697148
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Inverse Head and Shoulder chart pattern – –