BTC/USDT – 1H – BUYCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 93520.697 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 96595.980000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 107793.070000000 |
| 2nd High | 99963.700000000 |
| Next High | 96595.980000000 |
| Current Price | 95574.990000000 |
| Next Low | 91530.450000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 89376.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low