Moreover a ‘Double top retreat up’ chart pattern is found. The chart picture forms ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.
Moreover a ‘Bullish Engulfing’ candle chart pattern is detected. The chart shows ‘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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.867 |
| 2nd High | 2.82 |
| Next High | 2.37 |
| Current Price | 2.258000000 |
| Next Low | 2.257 |
| 2nd Low | 2.252 |
| 3rd Low | 0.633 |
2.37 – 2.82 – 2.738 – 2.257 – 2.252 – 2.569 — 38.423620215162 – 40.751500209136 — 53.083914033782 – 44.153530433214 – 64.304023934631 – 55.284186154899
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – Double top retreat up – –