BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 103550.000000000 is likely expected.
Caution: A possible change in the direction of the support line at 100609.410000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 104088.000000000 |
| Next High | 103550.000000000 |
| Current Price | 103252.950000000 |
| Next Low | 100609.410000000 |
| 2nd Low | 99205.000000000 |
| 3rd Low | 94256.540000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers