The currency pair Bitcoin/Tether (BTC/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 85799.990000000 will persist.
Caution: A possible change in the direction of the support zone at 83709.250000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘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 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