BTC/USDT – 30M – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 103399.620000000 is expected.
Caution: A possible change in the direction of the support level at 100837.900000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 106524.650000000 |
| 2nd High | 103982.640000000 |
| Next High | 103399.620000000 |
| Current Price | 102739.480000000 |
| Next Low | 100837.900000000 |
| 2nd Low | 100718.370000000 |
| 3rd Low | 99090.660000000 |
103399.620000000 – 103982.640000000 – 106524.650000000 – 100837.900000000 – 102963.670000000 – 102345.000000000
Trading Signals: FOREX – BTC – BTC/USDT – USDT – Three White Soldiers