BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline up.
The bullish trend upwards to the next resistance line at 108952.380000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 103371.020000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Besides a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110400.000000000 |
| 2nd High | 110392.010000000 |
| Next High | 108952.380000000 |
| Current Price | 105086.770000000 |
| Next Low | 103371.020000000 |
| 2nd Low | 102664.310000000 |
| 3rd Low | 102126.160000000 |
108952.380000000 – 107262.310000000 – 105838.240000000 – 103371.020000000 – 106115.350000000 – 106495.090000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three Outside Up