BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 118792.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 114723.160000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 119800.000000000 |
| 2nd High | 119273.360000000 |
| Next High | 118792.000000000 |
| Current Price | 118415.800000000 |
| Next Low | 114723.160000000 |
| 2nd Low | 107429.570000000 |
| 3rd Low | 107245.000000000 |
118792.000000000 – 119273.360000000 – 119800.000000000 – 116950.750000000 – 117427.500000000 – 114723.160000000 — 51.065791473515 – 57.059003465195
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – Double top retreat up –