BTC/USDT – 30M – BUYAdditionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 74054.136 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 75425 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Southern Doji’ candlestick chart pattern is detected. The chart shows ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 76038 |
| Next High | 75425 |
| Current Price | 74688.780000000 |
| Next Low | 73580.85 |
| 2nd Low | 73514 |
| 3rd Low | 70566.99 |
75425 – 74506.84 – 74786.72 – 73580.85 – 73514 – 73795.47 —
75048.000000000 – 75082.780000000 —
56.148193821657 – 53.956349650837 —
– —
75425 – 1776292200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji – – –