BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 116087.350000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 114825.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116166.710000000 |
| 2nd High | 116165.190000000 |
| Next High | 116087.350000000 |
| Current Price | 116520.000000000 |
| Next Low | 114825.000000000 |
| 2nd Low | 114740.990000000 |
| 3rd Low | 113430.000000000 |
116087.350000000 – 116165.190000000 – 116109.000000000 – 114825.000000000 – 115141.800000000 – 115449.590000000 — 68.27071117268 – 71.334334815886
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –