The combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline upwards
The bullish trend up to the next resistance level at 92000.01 is considered certain.
Caution: A possible trend reversal in the direction of support at 83822.76 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 90904.45936 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 92000.01 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick chart pattern is detected. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93160 |
| 2nd High | 93092 |
| Next High | 92000.01 |
| Current Price | 90850.010000000 |
| Next Low | 83822.76 |
| 2nd Low | 80600 |
| 3rd Low | 78464.36 |
92000.01 – 91165.65 – 93092 – 83822.76 – 90155.47 – 90311.92 — 71.643188077427 – 78.458011858458 — 95.541893136119 – 100 – 95.541893136119 – 97.027928757413
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –