BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 79186.81 is expected.
Caution: A possible change in the direction of the support level at 77644.09 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 79424 |
| 2nd High | 79360 |
| Next High | 79186.81 |
| Current Price | 78882.200000000 |
| Next Low | 77644.09 |
| 2nd Low | 74604 |
| 3rd Low | 74508 |
79186.81 – 79360 – 78231.26 – 77644.09 – 77888 – 74604 —
78907.180000000 – 78899.090000000 —
53.938631772028 – 52.70515435043 —
– —
79186.81000 – 1770080400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –