BTC/USDT – 1H – BUYThe combination Bitcoin/Tether (BTC/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 84720.000000000 is likely expected.
Caution: A possible change in the direction of the support level at 82379.950000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91100.000000000 |
| 2nd High | 87728.270000000 |
| Next High | 84720.000000000 |
| Current Price | 83075.150000000 |
| Next Low | 82379.950000000 |
| 2nd Low | 81659.000000000 |
| 3rd Low | 81211.240000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Bearish SBS White Lines