BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 117825.000000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 117143.980000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119216.820000000 |
| 2nd High | 117898.990000000 |
| Next High | 117825.000000000 |
| Current Price | 117547.430000000 |
| Next Low | 117143.980000000 |
| 2nd Low | 116803.990000000 |
| 3rd Low | 116359.890000000 |
117825.000000000 – 117898.990000000 – 119216.820000000 – 117143.980000000 – 116803.990000000 – 117180.000000000 — 46.878780427028 – 52.164086446133
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –