The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 95630.000000000 will persist.
Caution: A possible counter-trend in the direction of support at 93444.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 95630 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 95630.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘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’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 95758.040000000 |
Next High | 95630.000000000 |
Current Price | 95239.910000000 |
Next Low | 93444.000000000 |
2nd Low | 92800.010000000 |
3rd Low | 84347.970000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers