BTC/USDT – 30M – SELLBesides a ‘Double bottom retreat down’ chart formation is existing. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.
Besides a ‘Tweezers Top’ candle chart pattern is detected. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120820.710000000 |
| Next High | 118499.900000000 |
| Current Price | 118468.410000000 |
| Next Low | 117277.340000000 |
| 2nd Low | 116812.760000000 |
| 3rd Low | 115736.920000000 |
118499.900000000 – 118371.420000000 – 120820.710000000 – 117277.340000000 – 117943.250000000 – 116812.760000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Tweezers Top – Double bottom retreat down