The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 117750.000000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 114908.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The 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 | 120247.800000000 |
| 2nd High | 119450.000000000 |
| Next High | 117750.000000000 |
| Current Price | 117557.140000000 |
| Next Low | 114908.000000000 |
| 2nd Low | 114723.160000000 |
| 3rd Low | 107429.570000000 |
117750.000000000 – 116782.130000000 – 119450.000000000 – 114908.000000000 – 114723.160000000 – 117832.320000000 — 57.639284155608 – 59.404689451377
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – –