BTC/USDT – 30M – BUY
The currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 91396.030000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 90300.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 91850 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 91396.030000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘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 probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 91850.000000000 |
2nd High | 91779.660000000 |
Next High | 91396.030000000 |
Current Price | 91135.980000000 |
Next Low | 90300.000000000 |
2nd Low | 90056.170000000 |
3rd Low | 87754.450000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers