Buy BTC/USDT – 30M – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 91790.000000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 87754.450000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 91790 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 91790.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 91790.000000000
Current Price 90904.530000000
Next Low 87754.450000000
2nd Low 86668.210000000
3rd Low 85229.000000000

Download BTC/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals