BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 119540.010000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 117859.980000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119540.010000000 |
| Current Price | 119526.130000000 |
| Next Low | 117859.980000000 |
| 2nd Low | 117825.500000000 |
| 3rd Low | 117304.460000000 |
119540.010000000 – 118438.830000000 – 118297.350000000 – 117859.980000000 – 117825.500000000 – 117304.460000000 — 55.929368781794 – 58.730944690963
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – –