BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 99963.700000000 will continue.
Caution: A possible change in the direction of the support level at 97276.790000000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 99963.700000000 |
| Current Price | 100737.030000000 |
| Next Low | 97276.790000000 |
| 2nd Low | 91530.450000000 |
| 3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up