BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 85799.990000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 83709.250000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. 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