BTC/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 77846.178 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 79084.29 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Latter Bottom’ candle pattern is detected. The candles form ‘Latter Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79360 |
| 2nd High | 79186.81 |
| Next High | 79084.29 |
| Current Price | 76486.010000000 |
| Next Low | 72945.5 |
| 2nd Low | |
| 3rd Low |
79084.29 – 79186.81 – 79360 – 72945.5 – 77644.09 – 77888 —
76798.120000000 – 76526.800000000 —
50.2192230627 – 50.750337386608 —
– —
79084.29 – 1770107400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Latter Bottom – – –