ANALYSIS 🔎 - DEXEBUSD hit an all time high and retraced. - Price retested the all-time low support (@2.618). - There was a relatively high concentration of buyers at that zone. - The downtrend was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - This is a bullish signal. - Price then hit a swing high (@23.499) and retraced. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and descending trendline resistance. - Price action is undergoing a possible double bottom pattern formation. - The double bottom pattern is a bullish reversal pattern. - There's an uptrend continuation potential.