The combination Bitcoin/Tether (BTC/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 94545.450000000 is certain.
Caution: A possible change in the direction of the support level at 92800.010000000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 95758.040000000 |
2nd High | 95369.000000000 |
Next High | 94545.450000000 |
Current Price | 94341.300000000 |
Next Low | 92800.010000000 |
2nd Low | 84347.970000000 |
3rd Low | 83709.250000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers