BTC/USDT – 30M – BUYThe combination Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 91374 will continue.
Caution: A possible counter-trend in the direction of the support line at 89612 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 92692.36 |
| 2nd High | 92287.15 |
| Next High | 91374 |
| Current Price | 90490.580000000 |
| Next Low | 89612 |
| 2nd Low | 88995.33 |
| 3rd Low | 87719.28 |
91374 – 92287.15 – 91700 – 89612 – 88995.33 – 87719.28 — 50.533650670375 – 53.025630527723 — 63.295731908437 – 92.852430899136 – 36.078604857634 – 63.6200514705
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –