The currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 113485.900000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. 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 | 117429.050000000 |
| 2nd High | 115666.680000000 |
| Next High | 113485.900000000 |
| Current Price | 112429.910000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
113485.900000000 – 112625.000000000 – 112371.000000000 – 110862.420000000 – 110345.420000000 – 109393.930000000 — 50.872141200743 – 52.165284418513
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –