BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 93420 will persist.
Caution: A possible trend reversal in the direction of the support level at 87895.98 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95639.45 |
| 2nd High | 95531.12 |
| Next High | 93420 |
| Current Price | 89500.000000000 |
| Next Low | 87895.98 |
| 2nd Low | 87550.43 |
| 3rd Low | 87250 |
93420 – 93368.44 – 95531.12 – 87895.98 – 90693 – 92158.48 —
88534.210000000 – 89290.390000000 —
23.391811906978 – 43.975639870023 —
– —
93420.00000 – 1768840200
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –