The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 102540.000000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 99205.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 101826.31 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 102540.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. 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’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 104088.000000000 |
2nd High | 103550.000000000 |
Next High | 102540.000000000 |
Current Price | 101268.670000000 |
Next Low | 99205.000000000 |
2nd Low | 95658.240000000 |
3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers