The currency pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 118575.000000000 will persist.
Caution: A possible change in the direction of support at 114720.810000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.
Also there is a ‘Bearish Harami Cross’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami Cross’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124474.000000000 |
| 2nd High | 119216.820000000 |
| Next High | 118575.000000000 |
| Current Price | 117605.160000000 |
| Next Low | 114720.810000000 |
| 2nd Low | 114384.000000000 |
| 3rd Low | 113430.000000000 |
117286.730000000 – 116757.990000000 – 116165.190000000 – 114720.810000000 – 114737.110000000 – 114384.000000000 — 68.62419719554 – 68.836489350965
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish Harami Cross – – –