BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 119113.940000000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 116359.890000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. 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 | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 119113.940000000 |
| Current Price | 118837.000000000 |
| Next Low | 116359.890000000 |
| 2nd Low | 114259.000000000 |
| 3rd Low | 113579.900000000 |
119113.940000000 – 118741.770000000 – 117021.160000000 – 116359.890000000 – 114259.000000000 – 113579.900000000 — 58.167160077905 – 60.443510463616
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –