BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 107000.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 97244.000000000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 107000.000000000 |
| Current Price | 97576.030000000 |
| Next Low | 97244.000000000 |
| 2nd Low | 95658.240000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers