BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 97193.34 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 95777 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104085.01 |
| 2nd High | 97924.49 |
| Next High | 97193.34 |
| Current Price | 95584.350000000 |
| Next Low | 95777 |
| 2nd Low | 94680.67 |
| 3rd Low | 94559.28 |
97193.34 – 97924.49 – 96495 – 95777 – 94680.67 – 94559.28 — 38.405434009654 – 41.207751829769 — 10.19747870985 – 23.068799034399 – 4.317194296814 – 11.895906878173
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double top retreat up – –