The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 118792.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118792.000000000 |
| Current Price | 118415.800000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
118792.000000000 – 118481.810000000 – 119273.360000000 – 115796.230000000 – 117358.840000000 – 116950.750000000 — 58.643178335124 – 63.289385691274
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double top retreat up –