The combination Bitcoin/Tether (BTC/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 107985.050000000 will persist.
Caution: A possible trend reversal in the direction of the support line at 106100.010000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 107985.050000000 |
Current Price | 108603.790000000 |
Next Low | 106100.010000000 |
2nd Low | 104184.720000000 |
3rd Low | 102126.160000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers