BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 118575.000000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 117172.210000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124474.000000000 |
| 2nd High | 119216.820000000 |
| Next High | 118575.000000000 |
| Current Price | 117767.260000000 |
| Next Low | 117172.210000000 |
| 2nd Low | 117143.980000000 |
| 3rd Low | 116803.990000000 |
118575.000000000 – 117825.000000000 – 117898.990000000 – 117172.210000000 – 117143.980000000 – 116803.990000000 — 43.632570387206 – 46.278074983205
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double top retreat up – –