BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 115096.730000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 112650.000000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency 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 | 115720.000000000 |
| 2nd High | 115340.000000000 |
| Next High | 115096.730000000 |
| Current Price | 113961.250000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
115096.730000000 – 115340.000000000 – 115720.000000000 – 112650.000000000 – 114121.000000000 – 114148.580000000 — 50.461919899566 – 51.968647356834
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –