BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) moves from the descending trendline up.
The bullish trend up to the next resistance line at 115875.840000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 112650.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 116980.000000000 |
| Next High | 115875.840000000 |
| Current Price | 113525.910000000 |
| Next Low | 112650.000000000 |
| 2nd Low | 111920.000000000 |
| 3rd Low | 107429.570000000 |
115875.840000000 – 116980.000000000 – 118575.000000000 – 114640.140000000 – 117172.210000000 – 117143.980000000 — 40.025245602249 – 41.342276083913
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Outside Up – – –