BTC/USDT – 30M – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 68216.8 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 66885 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish pattern 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 68860 |
| 2nd High | 68722.64 |
| Next High | 68216.8 |
| Current Price | 66270.550000000 |
| Next Low | 66885 |
| 2nd Low | 66500 |
| 3rd Low | 62510.28 |
68216.8 – 68722.64 – 68860 – 66885 – 66500 – 67792 —
68149.930000000 – 66044.100000000 —
59.30743523767 – 27.762521955386 —
– —
68216.8 – 1772164800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –