BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline upwards
A bullish trend upwards to the next resistance line at 116019.300000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 107429.570000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118922.450000000 |
| 2nd High | 118879.140000000 |
| Next High | 116019.300000000 |
| Current Price | 114010.720000000 |
| Next Low | 107429.570000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106900.020000000 |
116019.300000000 – 118879.140000000 – 118922.450000000 – 114116.000000000 – 115796.230000000 – 117358.840000000 — 41.326628882531 – 42.047136534018
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – –