Buy BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) jumps from the bearish trendline up.

An ascending movement up to the next resistance at 98871.800000000 is certain.

Caution: A possible change in the direction of the support line at 90791.100000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. 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’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 99588.010000000
Next High 98871.800000000
Current Price 94833.410000000
Next Low 90791.100000000
2nd Low 89376.900000000
3rd Low 88722.000000000

Download BTC/USDT Signal Image

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