BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 117898.990000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 116803.990000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The chart forms ‘Bearish SBS White Lines’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124474.000000000 |
| 2nd High | 119216.820000000 |
| Next High | 117898.990000000 |
| Current Price | 117388.000000000 |
| Next Low | 116803.990000000 |
| 2nd Low | 116359.890000000 |
| 3rd Low | 114259.000000000 |
117898.990000000 – 119216.820000000 – 124474.000000000 – 116803.990000000 – 117180.000000000 – 118920.920000000 — 43.726548826225 – 45.104148738919
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – – –