BTC/USDT – 4H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 91224.99 will continue.
Caution: A possible change in the direction of the support level at 87263.53 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 107500 |
| 2nd High | 97924.49 |
| Next High | 91224.99 |
| Current Price | 89250.000000000 |
| Next Low | 87263.53 |
| 2nd Low | 86806.5 |
| 3rd Low | 86420 |
91224.99 – 97924.49 – 92082.55 – 87263.53 – 94293.46 – 90128.44 —
87980.000000000 – 88474.230000000 —
31.053317873682 – 37.946373589124 —
– —
91224.99000 – 1769184000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –