BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline upwards
A bullish ascent up to the next resistance at 116019.300000000 will persist.
Caution: A possible change in the direction of the support line at 107429.570000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118922.450000000 |
| 2nd High | 118879.140000000 |
| Next High | 116019.300000000 |
| Current Price | 113822.970000000 |
| Next Low | 107429.570000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106900.020000000 |
116019.300000000 – 118879.140000000 – 118922.450000000 – 114116.000000000 – 115796.230000000 – 117358.840000000 — 41.633353127648 – 44.92461719695
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – Double top retreat up –