The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 115000.000000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 114148.580000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118879.140000000 |
| 2nd High | 116019.300000000 |
| Next High | 115000.000000000 |
| Current Price | 114493.090000000 |
| Next Low | 114148.580000000 |
| 2nd Low | 113579.690000000 |
| 3rd Low | 111920.000000000 |
115000.000000000 – 114260.310000000 – 114063.490000000 – 114148.580000000 – 113579.690000000 – 111920.000000000 — 49.036393239608 – 52.51485334822
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –