BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 116165.190000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116665.630000000 |
| 2nd High | 116166.710000000 |
| Next High | 116165.190000000 |
| Current Price | 115899.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
116165.190000000 – 116109.000000000 – 116166.710000000 – 115141.800000000 – 115449.590000000 – 115127.270000000 — 56.700291439543 – 59.737222483299
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –