The pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 122335.160000000 will persist.
Caution: A possible change in the direction of support at 118920.920000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two-Candle Shooting Star’ chart pattern is discovered. The chart forms ‘Two-Candle Shooting Star’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 123218.000000000 |
| Next High | 122335.160000000 |
| Current Price | 121823.240000000 |
| Next Low | 118920.920000000 |
| 2nd Low | 118207.470000000 |
| 3rd Low | 118050.110000000 |
120324.430000000 – 119275.460000000 – 122335.160000000 – 118920.920000000 – 118207.470000000 – 118050.110000000 — 65.12331509145 – 65.391038994853
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Two-Candle Shooting Star – Triple bottom chart pattern – –