BTC/USDT – 30M – BUYAnd also a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 105981.000000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 104118.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110392.010000000 |
| 2nd High | 108450.160000000 |
| Next High | 105981.000000000 |
| Current Price | 105612.590000000 |
| Next Low | 104118.000000000 |
| 2nd Low | 102664.310000000 |
| 3rd Low | 102126.160000000 |
105981.000000000 – 105434.340000000 – 108450.160000000 – 104118.000000000 – 102664.310000000 – 106600.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers