BTC/USDT – 1H – BUYThen a ‘Hammer’ candlestick chart pattern is discovered. The chart forms ‘Hammer’. 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 ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 107793.070000000 |
| 2nd High | 99963.700000000 |
| Next High | 96595.980000000 |
| Current Price | 93923.140000000 |
| Next Low | 93009.520000000 |
| 2nd Low | 92520.000000000 |
| 3rd Low | 90500.000000000 |