The combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 95459.990000000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 92910.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The 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%.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 95758.040000000 |
2nd High | 95630.000000000 |
Next High | 95459.990000000 |
Current Price | 96318.770000000 |
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