Buy BTC/USDT – 4H – BUY

The currency pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance line at will continue.

Caution: A possible counter-trend in the direction of the support level at 93578.170000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 99588.01 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘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’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 103339.960000000
Next Low 93578.170000000
2nd Low 90791.100000000
3rd Low 88722.000000000

Download BTC/USDT Signal Image

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