BTC/USDT – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 80635.51 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 80635.51 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84737.69 |
| 2nd High | 84621.16 |
| Next High | 80635.51 |
| Current Price | 80259.170000000 |
| Next Low | 78202 |
| 2nd Low | 78084.08 |
| 3rd Low | 78040 |
80635.51 – 78878.77 – 79199.48 – 78202 – 78288.88 – 78558.65 —
80505.060000000 – 80039.310000000 —
64.468844687642 – 53.902160982611 —
– —
80635.51 – 1777867200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –