BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) goes from the descending trendline up.
An ascent upwards to the next resistance at 96538.920000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 93700.420000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency 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 | 107793.070000000 |
| Next High | 96538.920000000 |
| Current Price | 93964.010000000 |
| Next Low | 93700.420000000 |
| 2nd Low | 90500.000000000 |
| 3rd Low | 89376.900000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers