BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 84756.830000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 82456.000000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish SBS White Lines’ candlestick pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 83174.000000000 |
| 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