The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 88127.64 is likely expected.
Caution: A possible change in the direction of the support level at 85946.65 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘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 | 92541.92 |
| 2nd High | 88250 |
| Next High | 88127.64 |
| Current Price | 86264.720000000 |
| Next Low | 85946.65 |
| 2nd Low | 85420 |
| 3rd Low | 80600 |
88127.64 – 86860 – 85572.82 – 85946.65 – 85420 – 80600 — 40.216619342955 – 43.305758162838 — 12.890061215349 – 24.822906816636 – 6.3304466051093 – 14.594576808751
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –