The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 107262.310000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 104494.530000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 110392.010000000 |
| 2nd High | 108450.160000000 |
| Next High | 107262.310000000 |
| Current Price | 107616.430000000 |
| Next Low | 104494.530000000 |
| 2nd Low | 104300.000000000 |
| 3rd Low | 104118.000000000 |
107262.310000000 – 105838.240000000 – 106128.570000000 – 104494.530000000 – 104867.640000000 – 104300.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers