BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 119273.360000000 is likely expected.
Caution: A possible change in the direction of support at 117450.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Two-Candle Shooting Star’ candlestick chart pattern is detected. The chart shows ‘Two-Candle Shooting Star’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119800.000000000 |
| Next High | 119273.360000000 |
| Current Price | 117561.580000000 |
| Next Low | 117450.000000000 |
| 2nd Low | 117427.500000000 |
| 3rd Low | 117304.460000000 |
119273.360000000 – 119800.000000000 – 119540.010000000 – 117450.000000000 – 117427.500000000 – 117859.980000000 — 38.816903279265 – 39.771484202622
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two-Candle Shooting Star – –