BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) jumps from the descending trendline up.
An ascent up to the next resistance line at 107793.070000000 is expected.
Caution: A possible trend reversal in the direction of the support line at 94256.540000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 107793.070000000 |
| Current Price | 96013.720000000 |
| Next Low | 94256.540000000 |
| 2nd Low | 94150.050000000 |
| 3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers