BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 84756.830000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 82456.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 85309.710000000 |
| 2nd High | 85117.040000000 |
| Next High | 84756.830000000 |
| Current Price | 83010.870000000 |
| Next Low | 82456.000000000 |
| 2nd Low | 81981.120000000 |
| 3rd Low | 79939.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines