Indicators and patterns
11/17/2024
Indicators and patterns
The Belt-hold Line is a single candlestick pattern that can indicate a potential reversal in the market. In this case, the Belt-hold Line pattern has been identified on the 15-minute chart of the BTC/USD pair.When the Belt-hold Line pattern is bearish, it suggests a potential downward trend. The pattern consists of a single candlestick with a small body and little to no wicks, indicating strong selling pressure. In this context, the bearish Belt-hold Line pattern is signaling a sell opportunity.
The signal was generated at a price of 90631.94 on November 17, 2024, at 6:45 UTC. Traders and investors may interpret this signal as a suggestion to consider selling or taking a bearish position on BTC/USD based on the pattern's indication of a potential downward movement in the short term.
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
