BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 115716.000000000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 113579.900000000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ candle pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116019.300000000 |
| 2nd High | 115720.000000000 |
| Next High | 115716.000000000 |
| Current Price | 115146.030000000 |
| Next Low | 113579.900000000 |
| 2nd Low | 113355.130000000 |
| 3rd Low | 112650.000000000 |
115716.000000000 – 114417.020000000 – 114228.880000000 – 113579.900000000 – 113355.130000000 – 112650.000000000 — 51.952562896927 – 61.306112176979
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –