BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 115000.000000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 113579.690000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118879.140000000 |
| 2nd High | 116019.300000000 |
| Next High | 115000.000000000 |
| Current Price | 114630.410000000 |
| Next Low | 113579.690000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
115000.000000000 – 114260.310000000 – 114063.490000000 – 113579.690000000 – 111920.000000000 – 112003.000000000 — 54.038420518181 – 56.115470637507
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – – –