BTC/USDT – 1H – BUYThe currency pair Bitcoin/Tether (BTC/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 97276.790000000 is certain.
Caution: A possible change in the direction of resistance at 99963.700000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Matching Low’ candlestick pattern is detected. The candles form ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 107793.070000000 |
| Next High | 99963.700000000 |
| Current Price | 98999.990000000 |
| Next Low | 97276.790000000 |
| 2nd Low | 91530.450000000 |
| 3rd Low | 90500.000000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low