The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 117950.000000000 is certain.
Caution: A possible change in the direction of the support level at 116128.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119676.730000000 |
| 2nd High | 119233.710000000 |
| Next High | 117950.000000000 |
| Current Price | 117847.260000000 |
| Next Low | 116128.000000000 |
| 2nd Low | 115736.920000000 |
| 3rd Low | 107429.570000000 |
117950.000000000 – 119233.710000000 – 119676.730000000 – 116128.000000000 – 116467.020000000 – 117723.230000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers –