The combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 85799.990000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 83709.250000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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