BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 80666.66 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 79181.48 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 82850 |
| 2nd High | 81708.32 |
| Next High | 80666.66 |
| Current Price | 80264.020000000 |
| Next Low | 79181.48 |
| 2nd Low | 78202 |
| 3rd Low | 78084.08 |
80666.66 – 80371.23 – 81708.32 – 79181.48 – 79500 – 80725.09 —
80428.010000000 – 80278.670000000 —
51.951059800755 – 47.995306938869 —
– —
80666.66 – 1778299200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bullish Engulfing – – –