BTC/USDT – 30M – BUYCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 104426.635 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 106853.270000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 106853.270000000 |
| Current Price | 105454.540000000 |
| Next Low | 102126.160000000 |
| 2nd Low | 102000.000000000 |
| 3rd Low | 101383.070000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low