The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 95293.400000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 92206.020000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 107000.000000000 |
2nd High | 102724.380000000 |
Next High | 95293.400000000 |
Current Price | 95327.060000000 |
Next Low | 92206.020000000 |
2nd Low | 91203.670000000 |
3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up