The pair Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 95630.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 93444.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 95630 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 95630.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this 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 probability of ‘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