The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 66826.500000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 60000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish 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 | 76971.52 |
| 2nd High | 71978.58 |
| Next High | 66826.500000000 |
| Current Price | 66022.980000000 |
| Next Low | 60000 |
| 2nd Low | |
| 3rd Low |
66826.500000000 – 71978.58 – 76971.52 – 60000 – 70140 – 72945.5 —
66826.500000000 – 65699.320000000 —
54.958015424964 – 51.987794384405 —
66826.500000000 – 1770355800 —
– 1770355800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –