BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 84539.170000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Matching Low’ chart pattern is existing. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84850.330000000 |
| 2nd High | 84584.000000000 |
| Next High | 84539.170000000 |
| Current Price | 84164.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low