BTC/USDT – 30M – SELLFurthermore a ‘Double bottom retreat down’ chart pattern is detected. The chart forms ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.
Furthermore a ‘Bearish Belt Hold’ candle pattern is existing. The candles form ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 115666.680000000 |
| 2nd High | 114917.100000000 |
| Next High | 114715.020000000 |
| Current Price | 114215.750000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 113155.030000000 |
| 3rd Low | 110917.450000000 |
114715.020000000 – 114459.650000000 – 114313.130000000 – 113430.000000000 – 113155.030000000 – 110917.450000000 — 58.245083541307 – 50.837375578949
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Belt Hold – Double bottom retreat down – –