Dotbee.ai

Indicators and patterns

2/5/2025

Indicators and patterns

Indicators and patterns

The "Belt-hold Line" is a single candlestick pattern that can indicate a potential reversal in the market trend. In this case, the pattern has been identified on the 15-minute chart of the BTC/USD trading pair.

A "Bearish" Belt-hold Line occurs when a long bearish candlestick opens at or near the high of the session and closes near the low, without any significant upper shadow. This pattern suggests strong selling pressure and can signal a potential continuation of the downtrend.

The signal generated by this Bearish Belt-hold Line is to "Sell," indicating a potential opportunity for traders to consider selling their positions or opening short positions in anticipation of further price declines.

In this specific instance, the Bearish Belt-hold Line was identified at a price of 97450.68 on February 5, 2025, at 2:15 AM. Traders may interpret this signal as a bearish indication for the short-term price movement of BTC/USD.

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link