Buy BTC/USDT – 30M – BUY

The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 96043 is expected.

Caution: A possible counter-trend in the direction of the support level at 92155 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 96846.68
2nd High 96635.11
Next High 96043
Current Price 94317.840000000
Next Low 92155
2nd Low 90863.47
3rd Low 88459.96

93388 – 89120.01 – 88088.1 – 92155 – 90863.47 – 88459.96 — 59.830448480396 – 70.451261086364 — 57.651804893383 – 58.233352543616 – 76.87307305982 – 65.796964775327

Trading Signals:

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