Buy BTC/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 106648 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 107078.550000000
Next Low 100609.410000000
2nd Low 99205.000000000
3rd Low 94256.540000000

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