The combination Bitcoin/Tether (BTC/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 95199.000000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 93870.690000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish SBS White Lines’ chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 95758.040000000 |
Next High | 95199.000000000 |
Current Price | 94307.500000000 |
Next Low | 93870.690000000 |
2nd Low | 84347.970000000 |
3rd Low | 83709.250000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines