BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 116121.810000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 115408.470000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117995.370000000 |
| 2nd High | 117900.000000000 |
| Next High | 116121.810000000 |
| Current Price | 115785.570000000 |
| Next Low | 115408.470000000 |
| 2nd Low | 115100.000000000 |
| 3rd Low | 114720.810000000 |
116121.810000000 – 115985.200000000 – 115730.410000000 – 115408.470000000 – 115100.000000000 – 116612.030000000 — 49.414343707688 – 55.300463753524
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –