BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 92082.55 will continue.
Caution: A possible change in the direction of the support line at 90113.870000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94444.44 |
| 2nd High | 93845.03 |
| Next High | 92082.55 |
| Current Price | 90688.000000000 |
| Next Low | 90113.870000000 |
| 2nd Low | 89850 |
| 3rd Low | 89694.66 |
92082.55 – 91632.1 – 93845.03 – 90113.870000000 – 89850 – 89694.66 — 49.195206063695 – 49.66207508819 — 63.617594428123 – 83.868884224124 – 49.077693095083 – 64.747282409549
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –