BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 105819.450000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 102126.160000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 105819.450000000 |
| Current Price | 106336.020000000 |
| Next Low | 102126.160000000 |
| 2nd Low | 102000.000000000 |
| 3rd Low | 101383.070000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up