Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 103120.445 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 104857.820000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 105819.450000000 |
Next High | 104857.820000000 |
Current Price | 102820.030000000 |
Next Low | 102612.500000000 |
2nd Low | 101383.070000000 |
3rd Low | 100718.370000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold