BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 117429.050000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 113430.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119216.820000000 |
| 2nd High | 118575.000000000 |
| Next High | 117429.050000000 |
| Current Price | 116632.510000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 110766.660000000 |
| 3rd Low | 110621.780000000 |
116331.810000000 – 114313.130000000 – 113293.290000000 – 113430.000000000 – 110766.660000000 – 111111.000000000 — 74.024129341895 – 75.257231779521
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –