The currency pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 85799.990000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 83709.250000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 87728.270000000 |
2nd High | 86100.000000000 |
Next High | 85799.990000000 |
Current Price | 85367.920000000 |
Next Low | 83709.250000000 |
2nd Low | 83034.230000000 |
3rd Low | 78969.580000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers