The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 96250.000000000 is likely expected.
Caution: A possible change in the direction of the support line at 93578.170000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this 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’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 98619.990000000 |
2nd High | 97234.020000000 |
Next High | 96250.000000000 |
Current Price | 96419.200000000 |
Next Low | 93578.170000000 |
2nd Low | 92847.840000000 |
3rd Low | 90791.100000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers