The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 69482.97 will persist.
Caution: A possible change in the direction of the support level at 65118 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 71126 |
| 2nd High | 69993.65 |
| Next High | 69482.97 |
| Current Price | 68992.710000000 |
| Next Low | 65118 |
| 2nd Low | 60000 |
| 3rd Low |
69482.97 – 68410.52 – 68834.34 – 65118 – 66670.45 – 65756 —
69065.500000000 – 68672.590000000 —
61.588301205164 – 54.075867930183 —
– —
69482.97 – 1770998400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –