BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 115730.410000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 115100.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117900.000000000 |
| Next High | 115730.410000000 |
| Current Price | 115606.740000000 |
| Next Low | 115100.000000000 |
| 2nd Low | 114720.810000000 |
| 3rd Low | 114384.000000000 |
115730.410000000 – 117900.000000000 – 117896.000000000 – 115100.000000000 – 116612.030000000 – 116977.590000000 — 45.404942482479 – 47.001872897593
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –