Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 95827.27362 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 103550.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 104088.000000000 |
Next High | 103550.000000000 |
Current Price | 96589.040000000 |
Next Low | 94587.830000000 |
2nd Low | 93578.170000000 |
3rd Low | 92847.840000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing