BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 119273.360000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 118074.990000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120247.800000000 |
| 2nd High | 119800.000000000 |
| Next High | 119273.360000000 |
| Current Price | 121488.830000000 |
| Next Low | 118074.990000000 |
| 2nd Low | 116359.890000000 |
| 3rd Low | 114259.000000000 |
119113.940000000 – 118741.770000000 – 117021.160000000 – 118074.990000000 – 116359.890000000 – 114259.000000000 — 72.223189003469 – 82.094396468499
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –