Buy BTC/USDT – 1H – BUY

The pair Bitcoin/Tether (BTC/USDT) breaks through the descending trendline upwards

A bullish ascent up to the next resistance level at 98522.760000000 will continue.

Caution: A possible change in the direction of the support level at 91530.450000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 107793.070000000
2nd High 99963.700000000
Next High 98522.760000000
Current Price 98695.210000000
Next Low 91530.450000000
2nd Low 90500.000000000
3rd Low 89376.900000000

Download BTC/USDT Signal Image

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