The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 89010 is expected.
Caution: A possible counter-trend in the direction of the support level at 87035.51 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 91224.99 |
| 2nd High | 89957.39 |
| Next High | 89010 |
| Current Price | 89396.160000000 |
| Next Low | 87035.51 |
| 2nd Low | 86845.66 |
| 3rd Low | 86806.5 |
89010 – 89957.39 – 91224.99 – 87035.51 – 89162.08 – 88578.36 —
88700.000000000 – 88549.320000000 —
55.22029801721 – 54.585483946823 —
– —
89010.00000 – 1769486400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –