BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 68233.99 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 67534.69 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68347.72 |
| 2nd High | 68318.39 |
| Next High | 68233.99 |
| Current Price | 68215.540000000 |
| Next Low | 67534.69 |
| 2nd Low | 66280.2 |
| 3rd Low | 65631.83 |
68233.99 – 68318.39 – 67198.1 – 67534.69 – 66280.2 – 65631.83 —
67924.390000000 – 68314.540000000 —
52.976966591688 – 60.110057586329 —
– —
68233.99 – 1771628400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines – Double bottom chart pattern – –