BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline up.
The bullish trend upwards to the next resistance line at 98871.800000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 90975.800000000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | |
| 2nd High | 99588.010000000 |
| Next High | 98871.800000000 |
| Current Price | 91965.160000000 |
| Next Low | 90975.800000000 |
| 2nd Low | 89376.900000000 |
| 3rd Low | 88722.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers