The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 124474.000000000 is expected.
Caution: A possible change in the direction of support at 116359.890000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 124474.000000000 |
| Current Price | 118293.170000000 |
| Next Low | 116359.890000000 |
| 2nd Low | 114259.000000000 |
| 3rd Low | 113579.900000000 |
124474.000000000 – 120324.430000000 – 119275.460000000 – 118920.920000000 – 118207.470000000 – 118050.110000000 — 32.430780252822 – 35.518249585381
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –