BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 63239.06 will continue.
Caution: A possible change in the direction of the support level at 59102.7 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 66445.93 |
| 2nd High | 65622.83 |
| Next High | 63239.06 |
| Current Price | 61600.010000000 |
| Next Low | 59102.7 |
| 2nd Low | |
| 3rd Low |
63239.06 – 63119.45 – 65622.83 – 59102.7 – 61938 – 63270 —
61208.480000000 – 60910.630000000 —
42.312462842223 – 43.28721804733 —
– —
63239.06 – 1782298800
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –