BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 70941.17 will continue.
Caution: A possible trend reversal in the direction of the support zone at 70500.000000000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. 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 | 73913.74 |
| 2nd High | 71307.92 |
| Next High | 70941.17 |
| Current Price | 70805.710000000 |
| Next Low | 70500.000000000 |
| 2nd Low | 70317 |
| 3rd Low | 69355.34 |
70941.17 – 71307.92 – 73913.74 – 70500.000000000 – 70317 – 70481.7 —
70662.820000000 – 70740.340000000 —
45.926765788778 – 48.316397863954 —
70500.000000000 – 1773504000 —
70941.17 – 1773496800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –