BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance level at 96950.000000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 95224.170000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. 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 | 98619.990000000 |
| 2nd High | 97234.020000000 |
| Next High | 96950.000000000 |
| Current Price | 95822.990000000 |
| Next Low | 95224.170000000 |
| 2nd Low | 93578.170000000 |
| 3rd Low | 92847.840000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers