BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 106117.670000000 will persist.
Caution: A possible change in the direction of the resistance line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Southern Doji’ candlestick chart pattern is found. The chart forms ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 110835.550000000 |
| Next Low | 106117.670000000 |
| 2nd Low | 106100.010000000 |
| 3rd Low | 104184.720000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Southern Doji