The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 94274.290000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 93009.520000000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 96595.980000000 |
2nd High | 95315.500000000 |
Next High | 94274.290000000 |
Current Price | 93902.450000000 |
Next Low | 93009.520000000 |
2nd Low | 92520.000000000 |
3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers