BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 94150 is certain.
Caution: A possible trend reversal in the direction of support at 90889 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘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 likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96635.11 |
| 2nd High | 96043 |
| Next High | 94150 |
| Current Price | 92275.260000000 |
| Next Low | 90889 |
| 2nd Low | 83822.76 |
| 3rd Low | 80600 |
94150 – 93958.58 – 92000.01 – 90889 – 91697 – 83822.76 — 42.836990310923 – 47.817889924152 — 27.009329121364 – 35.510075029474 – 49.297415266623 – 38.234192102901
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –