BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 109912.400000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 107459.490000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 109912.4 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 109912.400000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. this 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 | 112638.640000000 |
| 2nd High | 111517.070000000 |
| Next High | 109912.400000000 |
| Current Price | 111483.870000000 |
| Next Low | 107459.490000000 |
| 2nd Low | 107255.000000000 |
| 3rd Low | 107245.000000000 |
109912.400000000 – 109237.510000000 – 109480.020000000 – 107459.490000000 – 107255.000000000 – 108191.290000000 — 64.76430688243 – 67.181607460749
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –