BTC/USDT – 30M – BUYAdditionally a ‘Inverse Head and Shoulder chart pattern’ chart layout is found. The chart shows ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 119450.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 117832.320000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120820.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119450.000000000 |
| Current Price | 118340.990000000 |
| Next Low | 117832.320000000 |
| 2nd Low | 117103.100000000 |
| 3rd Low | 116128.000000000 |
119450.000000000 – 118814.470000000 – 119273.360000000 – 117832.320000000 – 117103.100000000 – 117301.000000000 — 41.416641832122 – 44.08047295322
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Inverse Head and Shoulder chart pattern –