BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 116665.630000000 is certain.
Caution: A possible reversal of the trend in the direction of support at 115127.270000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 118575.000000000 |
| 2nd High | 117429.050000000 |
| Next High | 116665.630000000 |
| Current Price | 116052.090000000 |
| Next Low | 115127.270000000 |
| 2nd Low | 114740.990000000 |
| 3rd Low | 113430.000000000 |
116665.630000000 – 116331.810000000 – 114313.130000000 – 115127.270000000 – 114740.990000000 – 113430.000000000 — 55.21484870914 – 58.525174441793
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers – – –