BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 88127.64 is certain.
Caution: A possible trend reversal in the direction of support at 85946.65 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92541.92 |
| 2nd High | 88250 |
| Next High | 88127.64 |
| Current Price | 86534.780000000 |
| Next Low | 85946.65 |
| 2nd Low | 85420 |
| 3rd Low | 80600 |
88127.64 – 86860 – 85572.82 – 85946.65 – 85420 – 80600 — 45.247361143051 – 50.564714790142 — 55.333787865097 – 69.426134481163 – 59.066655400025 – 62.467939538148
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –