BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 94331.850000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 93655.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95758.040000000 |
| 2nd High | 95369.000000000 |
| Next High | 94331.850000000 |
| Current Price | 94060.090000000 |
| Next Low | 93655.000000000 |
| 2nd Low | 84347.970000000 |
| 3rd Low | 83709.250000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up