The combination Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance line at 118438.830000000 will persist.
Caution: A possible change in the direction of the support zone at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119450.000000000 |
| Next High | 118438.830000000 |
| Current Price | 118181.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
118438.830000000 – 118297.350000000 – 118220.000000000 – 117825.500000000 – 117304.460000000 – 114908.000000000 — 50.954021819238 – 54.725864916669
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – –