BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 119273.360000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 116950.750000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119800.000000000 |
| Next High | 119273.360000000 |
| Current Price | 117735.900000000 |
| Next Low | 116950.750000000 |
| 2nd Low | 114908.000000000 |
| 3rd Low | 114723.160000000 |
119273.360000000 – 119800.000000000 – 119540.010000000 – 116950.750000000 – 117450.000000000 – 117427.500000000 — 42.910930639248 – 46.154043892548
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – –