The pair Bitcoin/Tether (BTC/USDT) moves from the descending trendline upwards
An ascending movement up to the next resistance at 93845.03 is certain.
Caution: A possible change in the direction of support at 90675.52 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | 94789.08 |
| 2nd High | 94444.44 |
| Next High | 93845.03 |
| Current Price | 90708.260000000 |
| Next Low | 90675.52 |
| 2nd Low | 88459.96 |
| 3rd Low | 87550.43 |
93845.03 – 94444.44 – 94789.08 – 90675.52 – 92236.07 – 91262.94 — 42.309124274611 – 45.368787954815 — 32.503748546125 – 59.040862276612 – 16.360411749421 – 34.593195036137
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Triple top chart pattern – –