The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 91449.990000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 87754.450000000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency 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 | 91850.000000000 |
2nd High | 91779.660000000 |
Next High | 91449.990000000 |
Current Price | 90747.570000000 |
Next Low | 87754.450000000 |
2nd Low | 86668.210000000 |
3rd Low | 85229.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers