The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 118297.350000000 is expected.
Caution: A possible change in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally 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.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. 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 | 120247.800000000 |
| 2nd High | 119450.000000000 |
| Next High | 118297.350000000 |
| Current Price | 118184.920000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
118297.350000000 – 118220.000000000 – 117750.000000000 – 117825.500000000 – 117304.460000000 – 114908.000000000 — 53.621783736698 – 55.489890087963
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern –