Additionally a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 118438.830000000 is expected.
Caution: A possible change in the direction of support at 117859.980000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119450.000000000 |
| Next High | 118438.830000000 |
| Current Price | 118475.750000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
118438.830000000 – 118297.350000000 – 118220.000000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 64.123858153682 – 65.899601944745
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern –