The currency pair Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 85799.990000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 83709.250000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 87728.270000000 |
2nd High | 86100.000000000 |
Next High | 85799.990000000 |
Current Price | 85367.920000000 |
Next Low | 83709.250000000 |
2nd Low | 83034.230000000 |
3rd Low | 78969.580000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers