BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 68200 is expected.
Caution: A possible counter-trend in the direction of the support line at 66761.68 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68551.04 |
| 2nd High | 68232.27 |
| Next High | 68200 |
| Current Price | 67337.420000000 |
| Next Low | 66761.68 |
| 2nd Low | 66547.15 |
| 3rd Low | 66158 |
68200 – 68232.27 – 68551.04 – 66761.68 – 66547.15 – 66915.26 —
67369.360000000 – 66991.660000000 —
44.203840597696 – 37.714260688588 —
– —
68200 – 1772964000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –