BTC/USDT – 30M – BUYThe combination breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at is likely expected.
Caution: A possible change in the direction of the support zone at 75714.660000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 80080 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 80840.000000000 |
| Next Low | 75714.660000000 |
| 2nd Low | 75630.760000000 |
| 3rd Low | 75494.000000000 |