BTC/USDT – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 79199.48 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 79199.48 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ chart pattern is detected. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 84621.16 |
| 2nd High | 79485.66 |
| Next High | 79199.48 |
| Current Price | 78363.250000000 |
| Next Low | 74937.52 |
| 2nd Low | 74821.57 |
| 3rd Low | 73724.31 |
79199.48 – 78914.12 – 76669.14 – 74937.52 – 75666.6 – 76459.64 —
78872.390000000 – 78260.750000000 —
69.015284894212 – 48.41127763287 —
– —
79199.48 – 1777755600
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –