Buy BTC/USDT – 1H – BUY

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 98871.8 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 98871.800000000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency 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’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 99588.010000000
Next High 98871.800000000
Current Price 98747.970000000
Next Low 93578.170000000
2nd Low 90791.100000000
3rd Low 89376.900000000

Download BTC/USDT Signal Image

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