The combination Bitcoin/Tether (BTC/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 85799.990000000 will continue.
Caution: A possible change in the direction of the support zone at 83709.250000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. 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’ 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