The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 110999.830000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 109977.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 111700.000000000 |
| 2nd High | 111307.700000000 |
| Next High | 110999.830000000 |
| Current Price | 110753.420000000 |
| Next Low | 109977.000000000 |
| 2nd Low | 109329.120000000 |
| 3rd Low | 108393.390000000 |
110999.830000000 – 111307.700000000 – 111700.000000000 – 109977.000000000 – 110206.960000000 – 109329.120000000 — 57.847161359848 – 61.097782142437
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –