BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 115716.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 113579.900000000 could occur.
Consider stop-loss settings accordingly.
Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Two-Candle Shooting Star’ candlestick chart pattern is detected. The candles show ‘Two-Candle Shooting Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116019.300000000 |
| 2nd High | 115720.000000000 |
| Next High | 115716.000000000 |
| Current Price | 114549.650000000 |
| Next Low | 113579.900000000 |
| 2nd Low | 113355.130000000 |
| 3rd Low | 112650.000000000 |
115716.000000000 – 114417.020000000 – 114228.880000000 – 113579.900000000 – 113355.130000000 – 112650.000000000 — 42.098969728083 – 42.221520008146
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two-Candle Shooting Star – – –