The combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 79199.48 is certain.
Caution: A possible trend reversal in the direction of the support level at 78084.08 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. 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 | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 79199.48 |
| Current Price | 80316.310000000 |
| Next Low | 78084.08 |
| 2nd Low | 74937.52 |
| 3rd Low | 74821.57 |
79199.48 – 78914.12 – 76669.14 – 78084.08 – 74937.52 – 75666.6 —
78763.570000000 – 79848.840000000 —
60.528579517441 – 69.66899752727 —
– —
79199.48 – 1777755600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –