BTC/USDT – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 105819.45 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 105819.450000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish SBS White Lines’ candle chart pattern is found. The chart forms ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 105819.450000000 |
| Current Price | 103534.520000000 |
| Next Low | 100718.370000000 |
| 2nd Low | 93377.000000000 |
| 3rd Low | 92910.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines