BTC/USDT – 30M – BUYThere is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 78216.41 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 78479.37 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 78662.5 |
| 2nd High | 78581.93 |
| Next High | 78479.37 |
| Current Price | 77718.310000000 |
| Next Low | 77402.01 |
| 2nd Low | 76960 |
| 3rd Low | 74821.57 |
78479.37 – 78581.93 – 78662.5 – 77402.01 – 76960 – 77174.01 —
78060.290000000 – 77651.560000000 —
45.657572727314 – 45.019051958444 —
– —
78479.37 – 1777035600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Belt Hold – – –