The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 93092 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 90311.92 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 93836.01 |
| 2nd High | 93160 |
| Next High | 93092 |
| Current Price | 90783.170000000 |
| Next Low | 90311.92 |
| 2nd Low | 90246.06 |
| 3rd Low | 86306.77 |
93092 – 91843.59 – 91940.18 – 90311.92 – 90246.06 – 90652.55 — 51.905001467919 – 52.589850376509 — 79.179832876905 – 94.417526859069 – 73.635172653101 – 84.259064204293
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Triple top chart pattern – –