Buy BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 98564.000000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 95734.770000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 99588.010000000
2nd High 98847.680000000
Next High 98564.000000000
Current Price 98082.690000000
Next Low 95734.770000000
2nd Low 95600.000000000
3rd Low 90975.800000000

Download BTC/USDT Signal Image

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