BTC/USDT – 1H – BUYThe pair Bitcoin/Tether (BTC/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 95228.450000000 is expected.
Caution: A possible counter-trend in the direction of support at 92910.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 95630.000000000 |
| 2nd High | 95459.990000000 |
| Next High | 95228.450000000 |
| Current Price | 96169.010000000 |
| Next Low | 92910.000000000 |
| 2nd Low | 92800.010000000 |
| 3rd Low | 83709.250000000 |
Download BTC/USDT Signal Image
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three White Soldiers