The combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 120820.710000000 is considered certain.
Caution: A possible change in the direction of support at 115736.920000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 123218.000000000 |
| 2nd High | 120998.710000000 |
| Next High | 120820.710000000 |
| Current Price | 117959.250000000 |
| Next Low | 115736.920000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
120820.710000000 – 120998.710000000 – 119192.000000000 – 118395.000000000 – 117453.570000000 – 118181.140000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers –