BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline up.
An ascent upwards to the next resistance level at 102540.000000000 is considered certain.
Caution: A possible change in the direction of the support level at 99311.640000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Engulfing’ candle chart pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 102540.000000000 |
| Current Price | 100023.880000000 |
| Next Low | 99311.640000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing