The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 102650.000000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 100609.410000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 104088.000000000 |
2nd High | 103550.000000000 |
Next High | 102650.000000000 |
Current Price | 102280.000000000 |
Next Low | 100609.410000000 |
2nd Low | 99205.000000000 |
3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers