BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 114016.770000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 112566.010000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 116980.000000000 |
| 2nd High | 115875.840000000 |
| Next High | 114016.770000000 |
| Current Price | 113694.700000000 |
| Next Low | 112566.010000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
114016.770000000 – 115875.840000000 – 116980.000000000 – 112566.010000000 – 114366.000000000 – 114640.140000000 — 48.930854617832 – 52.64552868074
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –