Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 91227.2502 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 92300.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 92300.000000000 |
Current Price | 90630.000000000 |
Next Low | 88722.000000000 |
2nd Low | 87754.450000000 |
3rd Low | 86668.210000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing