BTC/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 70035.705 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 71126 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 76971.52 |
| 2nd High | 72271.41 |
| Next High | 71126 |
| Current Price | 69062.010000000 |
| Next Low | 67800 |
| 2nd Low | 60000 |
| 3rd Low |
71126 – 72271.41 – 71554.95 – 67800 – 68682 – 68308 —
69332.000000000 – 69115.610000000 —
50.512159787846 – 44.816735433647 —
– —
71126 – 1770667200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Double top retreat up – –