BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 91374 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 89612 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92692.36 |
| 2nd High | 92287.15 |
| Next High | 91374 |
| Current Price | 90490.580000000 |
| Next Low | 89612 |
| 2nd Low | 88995.33 |
| 3rd Low | 87719.28 |
91374 – 92287.15 – 91700 – 89612 – 88995.33 – 87719.28 — 50.533650670375 – 53.025630527723 — 63.295731908437 – 92.852430899136 – 36.078604857634 – 63.6200514705
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –