BTC/USDT – 4H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 119800.000000000 will continue.
Caution: A possible trend reversal in the direction of support at 114723.160000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 120998.710000000 |
| 2nd High | 120247.800000000 |
| Next High | 119800.000000000 |
| Current Price | 118024.110000000 |
| Next Low | 114723.160000000 |
| 2nd Low | 107245.000000000 |
| 3rd Low | 106733.330000000 |
119800.000000000 – 120247.800000000 – 120998.710000000 – 114723.160000000 – 116128.000000000 – 116812.760000000 — 47.804009752518 – 48.518368586207
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – –