The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 94685.600000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 90791.100000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 98871.800000000 |
2nd High | 94973.370000000 |
Next High | 94685.600000000 |
Current Price | 94509.830000000 |
Next Low | 90791.100000000 |
2nd Low | 89667.660000000 |
3rd Low | 89376.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers