The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 95228.450000000 will persist.
Caution: A possible change in the direction of the support level at 92910.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘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 probability of ‘Three White Soldiers’ going up is 82%.
Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | 95630.000000000 |
2nd High | 95459.990000000 |
Next High | 95228.450000000 |
Current Price | 95339.500000000 |
Next Low | 92910.000000000 |
2nd Low | 92800.010000000 |
3rd Low | 84347.970000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers