BTC/USDT – 30M – BUYIn addition a ‘Inverse Head and Shoulder chart pattern’ chart formation is found. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Concealing Baby Swallow’ candle pattern is discovered. The candles form ‘Concealing Baby Swallow’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 120998.710000000 |
| Current Price | 118647.370000000 |
| Next Low | 117453.570000000 |
| 2nd Low | 117017.290000000 |
| 3rd Low | 115736.920000000 |
120998.710000000 – 119192.000000000 – 120063.840000000 – 117453.570000000 – 118181.140000000 – 117017.290000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Concealing Baby Swallow – Inverse Head and Shoulder chart pattern