BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 84621.16 is expected.
Caution: A possible counter-trend in the direction of support at 80731.14 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88500 |
| 2nd High | 84737.69 |
| Next High | 84621.16 |
| Current Price | 81997.000000000 |
| Next Low | 80731.14 |
| 2nd Low | 80527.76 |
| 3rd Low | 79744.91 |
81760.84 – 81791.48 – 81712.32 – 80731.14 – 80527.76 – 79744.91 —
81360.300000000 – 81986.000000000 —
49.331248789264 – 64.46710146893 —
– —
81760.84 – 1778036400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –