BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 118814.470000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 117103.100000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119273.360000000 |
| Next High | 118814.470000000 |
| Current Price | 119057.110000000 |
| Next Low | 117103.100000000 |
| 2nd Low | 116128.000000000 |
| 3rd Low | 115736.920000000 |
118814.470000000 – 119273.360000000 – 118708.240000000 – 117103.100000000 – 117301.000000000 – 117550.000000000 — 45.453177171636 – 58.881937512223
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – Double top retreat up –