The pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 117944.050000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 114259.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Three Line Strike – Bullish’ chart pattern is found. The candles show ‘Three Line Strike – Bullish’. 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 chance of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118922.450000000 |
| 2nd High | 118879.140000000 |
| Next High | 117944.050000000 |
| Current Price | 116737.350000000 |
| Next Low | 114259.000000000 |
| 2nd Low | 113579.900000000 |
| 3rd Low | 113355.130000000 |
117944.050000000 – 115716.000000000 – 114417.020000000 – 114259.000000000 – 113579.900000000 – 113355.130000000 — 46.313761184052 – 52.953223923172
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bullish – Rising Wedge Chart Pattern – –