BTC/USDT – 30M – BUYBesides a ‘Double bottom chart pattern’ chart pattern is found. The chart forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 118438.830000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 117859.980000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could 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 –