BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 114313.130000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 113430.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 117429.050000000 |
| 2nd High | 115666.680000000 |
| Next High | 114313.130000000 |
| Current Price | 115482.690000000 |
| Next Low | 113430.000000000 |
| 2nd Low | 110766.660000000 |
| 3rd Low | 110621.780000000 |
114313.130000000 – 113293.290000000 – 112924.370000000 – 113430.000000000 – 110766.660000000 – 111111.000000000 — 67.702376845311 – 71.897391060699
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –