BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance level at 92519.95 will persist.
Caution: A possible change in the direction of the support zone at 90236 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Three Line Strike – Bullish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bullish’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 94444.44 |
| 2nd High | 93845.03 |
| Next High | 92519.95 |
| Current Price | 90908.950000000 |
| Next Low | 90236 |
| 2nd Low | 90113.87 |
| 3rd Low | 89850 |
92519.95 – 91283.89 – 90850 – 90236 – 90404 – 90408.23 — 33.886136448391 – 48.381391161602 — 20.384450038793 – 43.674810270105 – 27.286569476962 – 31.414023737977
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bullish – Double top retreat up – –