BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 85799.990000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 83709.250000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going 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