Buy BTC/USDT – 30M – BUY

The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at is expected.

Caution: A possible trend reversal in the direction of the support line at 106117.670000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Shooting Star’ candle pattern is found. The candles form ‘Shooting Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 109994.370000000
Next Low 106117.670000000
2nd Low 106100.010000000
3rd Low 104184.720000000

Download BTC/USDT Signal Image

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