BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 86860 will continue.
Caution: A possible trend reversal in the direction of support at 85420.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92541.92 |
| 2nd High | 88250 |
| Next High | 86860 |
| Current Price | 86331.280000000 |
| Next Low | 85420.000000000 |
| 2nd Low | 80600 |
| 3rd Low |
86860 – 85572.82 – 88250 – 85420.000000000 – 80600 – 86100 — 55.117276452521 – 59.419480204208 — 30.866141732283 – 40.058428839123 – 40.515018955964 – 37.807752745149
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –