BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at will persist.
Caution: A possible trend reversal in the direction of the support zone at 104184.720000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 106853.27 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 107026.470000000 |
| Next Low | 104184.720000000 |
| 2nd Low | 102126.160000000 |
| 3rd Low | 102000.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up