Next a ‘Double top retreat up’ chart pattern is detected. The chart picture forms ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113485.900000000 |
| 2nd High | 113384.620000000 |
| Next High | 113293.290000000 |
| Current Price | 111411.130000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113293.290000000 – 112924.370000000 – 113384.620000000 – 110766.660000000 – 111111.000000000 – 110621.780000000 — 39.437925090953 – 46.356166728782
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – Double top retreat up – –