The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 92594.000000000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 89667.660000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | |
2nd High | |
Next High | 92594.000000000 |
Current Price | 92853.760000000 |
Next Low | 89667.660000000 |
2nd Low | 89376.900000000 |
3rd Low | 88722.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers