BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 100439.180000000 is expected.
Caution: A possible counter-trend in the direction of support at 90500.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 100439.180000000 |
| Current Price | 99922.480000000 |
| Next Low | 90500.000000000 |
| 2nd Low | 89376.900000000 |
| 3rd Low | 88722.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers