BTC/USDT – 30M – BUYAnd also a ‘Double bottom chart pattern’ chart layout is found. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 91843.59 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 90652.55 could occur.
Consider stop-loss settings accordingly.
And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Mat Hold’ chart pattern is detected. The candles form ‘Mat Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Mat Hold’ going up is 78% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91950 |
| 2nd High | 91940.18 |
| Next High | 91843.59 |
| Current Price | 91850.490000000 |
| Next Low | 90652.55 |
| 2nd Low | 90438.43 |
| 3rd Low | 86306.77 |
91843.59 – 91940.18 – 91950 – 90652.55 – 90438.43 – 86306.77 — 54.786467027797 – 59.99215204481 — 76.504502525807 – 83.016692290797 – 77.576387849058 – 80.720911406982
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Mat Hold – Double bottom chart pattern – –