BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 102540.000000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 99205.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Line Strike – Bullish’ candle pattern is existing. The chart forms ‘Three Line Strike – Bullish’. 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 Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 104088.000000000 |
| 2nd High | 103550.000000000 |
| Next High | 102540.000000000 |
| Current Price | 101018.120000000 |
| Next Low | 99205.000000000 |
| 2nd Low | 94256.540000000 |
| 3rd Low | 94150.050000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Line Strike – Bullish