BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 63953.840000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 62829.81 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 63953.840000000 |
| Current Price | 63631.990000000 |
| Next Low | 62829.81 |
| 2nd Low | 62348 |
| 3rd Low | 61104.24 |
63953.840000000 – 63863.98 – 63933.02 – 62829.81 – 62348 – 61104.24 —
63953.840000000 – 63532.590000000 —
58.720691934028 – 47.883174632073 —
63953.840000000 – 1781256600 —
– 1781256600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –