BTC/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart pattern is detected. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 111600.000000000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 110621.780000000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 113384.620000000 |
| 2nd High | 111700.000000000 |
| Next High | 111600.000000000 |
| Current Price | 111684.250000000 |
| Next Low | 110621.780000000 |
| 2nd Low | 109977.000000000 |
| 3rd Low | 109329.120000000 |
111600.000000000 – 111412.000000000 – 111377.190000000 – 110621.780000000 – 110861.200000000 – 109977.000000000 — 61.585051222461 – 63.279401474593
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – – Double bottom chart pattern – –