The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 115605.070000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 114384.000000000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 116757.990000000 |
| Next High | 115605.070000000 |
| Current Price | 115503.010000000 |
| Next Low | 114384.000000000 |
| 2nd Low | 113430.000000000 |
| 3rd Low | 113155.030000000 |
115605.070000000 – 116757.990000000 – 116087.350000000 – 114384.000000000 – 114825.000000000 – 115141.800000000 — 52.150967962565 – 56.065491329487
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –