Then a ‘Double bottom chart pattern’ chart pattern is existing. The formation shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 96495 is considered certain.
Caution: A possible change in the direction of the support line at 94559.28 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 96846.68 |
| 2nd High | 96635.11 |
| Next High | 96495 |
| Current Price | 96745.760000000 |
| Next Low | 94559.28 |
| 2nd Low | 91787.61 |
| 3rd Low | 90938.2 |
96495 – 92672.11 – 92332 – 94559.28 – 91787.61 – 90938.2 — 71.850663335175 – 73.893551660527 — 78.721411849451 – 100 – 71.365628188967 – 84.255957740561
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –